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Essential Life Insurance
With Solvers Essential Life Insurance you may be eligible for up to $200,000 cover with no medicals or health questions. Apply over the phone today and receive…
YOUR FIRST MONTH OF COVER FOR FREE!
Premium Life Insurance
With Solvers Premium Life Insurance you may be eligible for up to $750,000 cover with no medicals or health questions. Apply over the phone today and receive…
1 MONTH OF FREE COVER EVERY YEAR!
What is the Medicare Levy Surcharge?The Medicare levy surcharge (MLS) is levied on Australian taxpayers who do not have an appropriate level of private hospital insurance and who earn above a certain income. It is designed to encourage individuals to take out private hospital cover, and where possible, to use the private hospital system to reduce demand on the public Medicare system.
The base income threshold (under which you are not liable to pay the MLS) is $90,000 for singles and $180,000 for families. However, you do not have to pay the MLS if your family income exceeds the threshold but your own income for MLS purposes was $21,655 or less.
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