Realising the importance of health insurance...a little too late.

[jimmyxr6t04]

Originally Posted by MAD

But if you earn a lot more, then your cost of insurance is easily paid by the tax deduction. so it end sup being a no cost option to have Private insurance.
Why should someone earning big bucks have better healthcare than the poorest of the poor?

How so? My medicare levy was over $1500 this year. My private health insurance is between 2-3k per year... So, all i actually saved was about $1000 on medicare levy surcharge. So without private health i would pay about $2500 to medicare. With it, i pay $1500. I'm still out of pocket $4000+ per year between medicare and private health.

Add the wifes medicare levy of about $800, and we're paying well over 5k for medicare and private health...

There's not much of a tax saving, and certainly no tax deduction...