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=======How to make the most of the health insurance rebate========
From the 2012 budget announcement, the government will be implementing a means test for
the health insurance rebate from 1 July 2012. This means that health insurance premiums
will increase by up to 30% next year.
We suggest that you contact your health fund in order to review your options regarding the
prepayment of your health insurance premiums. In some cases, health insurance providers
are allowing members to pre-pay up to 18 months of premiums. In monetary terms, an
average family will save approximately $1000 through pre-payment before 30 June 2012.