Private Health Insurance Act 2007
CHAPTER 2
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INCENTIVES
PART 2-3
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LIFETIME HEALTH COVER
Division 31
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Introduction
SECTION 31-1
31-1
WHAT THIS PART IS ABOUT
People are encouraged to take out hospital cover by the time they turn 30. A person who is older than 30 when he or she takes out hospital cover for the first time, or who drops hospital cover for a period after having turned 30, may have to pay higher premiums for hospital cover. This scheme is known as lifetime health cover.
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