Posted by Michael Wonder on 09 Mar 2017
The secret slug that will make the $200 annual increase in health fund premiums cost more
10 March 2017 - It's the secret double whammy that means next month’s health fund premium rise will hit your hip pocket even harder than you expect.
The value of the government’s private health insurance tax rebate will drop on April 1 adding an extra $50 a year to the cost of your premiums.
And by 2026 surging premiums will see the value of the rebate halved from the original 30 per cent to just 16%
This hip pocket hit will be in addition to the $200 premium hike families are already facing on April 1.
