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Health premiums to rise

09 Feb, 2012 11:23 AM

Private health insurance premiums are set to jump with the government poised to secure the passage of legislation means testing the 30 per cent private health rebate.

It is understood the government has secured the three crossbench votes necessary to pass the legislation through the House of Representatives.

The means test is worth $2.4 billion to the budget over the next three financial years and will drive up the cost of premiums for high income earners.

The rebate will be phased out starting with singles on incomes of $83,000 and families on $166,000.

It will disappear altogether for singles earning $129,000 and couples earning more than $258,000.

The opposition will portray the passage of the Bill as a broken promise given the then-labor leader, Kevin Rudd, promised before the 2007 election to not touch the rebate, which was introduced by the Howard government in its second term.

The passage of the rebate has been made possible by the defection of Peter Slipper from the Liberal party to the Speakers' chair.

This meant Labor needed just three crossbench votes instead of four. It already had the support of the Greens MP Adam Bandt.

It is believed Rob Oakeshott and Andrew Wilkie, who announced in July he supported the means test before backing away, are also on board.

The final vote in the lower house is expected next week.

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Date: Newest first | Oldest first
So the Labor /Greeen/Independent economic rocket surgeons take $2.4Bil of discretionary spending out of the economy so they can spend it on useless garbage. Great, cause that equates to probably about 100,000 part time jobs so if you feel warm and fuzzy that the ‘rich’ are paying more for their health insurance - I hope you are one of the lucky people about the get the sack. Mad, absolutely mad.
Posted by WTF, 9/02/2012 1:41:01 PM, on The Examiner
The means test should not apply in regional areas. We need all means possible for funding and increasing health services here in Tasmania. People dropping out of private health insurance at this difficult time would be a total disaster.
Posted by Pragmatist, 9/02/2012 2:07:23 PM, on The Examiner
Once it used to be that one worked to save up for a happy retirement. The reality now is , with Medical centres no longer bulk billing , a tax greedy government , a happy retirement is no longer a realistic option . With the onus on giving our dollars away to illegal refugees ,the adage of charity beginning at home has lost all meaning and reality. Our ageing population has looked after governments in the past ,it is now time for the favour to be reciprocated. Since the introduction of the Whitlam government ,private medical benefits have slowly been eroded to the sad state of today.
Posted by barneyboy, 9/02/2012 2:11:00 PM, on The Examiner
Fantastic. Yet another blow to the hip pocket for those in the higher income brackets. My husband already pays a tax rate of 47 cents in the dollar for working long, hard hours in his profession. Now we will be yet again forced to subsidise those who do not contribute to society. Furthermore, for a state (Tasmania) already struggling to deal with an ailing, overloaded healthcare system, all this will do is force more people out of private insurance and into the public system, further taxing it and adding to the already bloated waiting lists.
Posted by NW coaster, 9/02/2012 2:46:51 PM, on The Examiner
This is what happens when governments are not made accountable. They waste our tax dollars and fail to deliver the very services they are meant to provide. When are we going to get the government we deserve. Just another way in which our government has FAILED to deliver.
Posted by Governments, 9/02/2012 2:51:52 PM, on The Examiner
@ nw coaster, boohoo husband on top tax bracket and losing a bit of private health rebate. Maybe $1,500 per year? do you whinge that you don't get the education tax refund aswell? top tax bracket is $180k+. Your one of the lucky ones. Do you work also, or live off your husbands wage?
Posted by ra ra, 9/02/2012 3:10:41 PM, on The Examiner
good it is crazy to spend public money on private health care rebates ,all it does is force up the cost of health for everyone.

my family shouldn't be subsidising gina rineharts and james packers private health insurance.

Posted by ben, 9/02/2012 3:18:26 PM, on The Examiner
Ben your family is not subsidising Gina Rinehart's private health insurance. You are subsidising and still will be subsidising all the welfare bludgers. Take a look at how much you pay for the medicare levy. My husband and I are both entitled to the low income rebate, we have basic hospital insurance with a $500 excess. We pay >$3000 a year for health insurance & medicare and get nothing back. Try to get into the doctor & pay twice the scheduled fee, if you don't get better before your appointment. Free health cover for the unproductives has caused this along with over-servicing by doctors
Posted by Jen, 9/02/2012 4:06:25 PM, on The Examiner
Hi NW coaster-I guess anyone earning less than your husband would come under the heading of not contributing to society-guess that would include Library staff,teachers,taxi drivers,cleaners,receptionists,shop assistants,chefs,waiters etc etc


Posted by worker, 9/02/2012 4:14:18 PM, on The Examiner
Private Heath Insurance is a con. All you get as a private patient is some flowers next to your bed, a newspaper each morning, a glass of wine with your dinner (who wants it when they feel crook?) and a bloody big bill for the gap from your doctor when you are discharged.
Posted by Billy Buttterfly, 9/02/2012 7:25:31 PM, on The Examiner
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