go4wen Posted December 18, 2014 Share Posted December 18, 2014 Hello Guys, I am in the middle of applying for 457 visa. Therefore I am doing a research and trying to understand each aspect about health insurance for 457 visa holders. I do have one question that I cannot figure it out by myself, that is does Lifetime Health Cover apply to 457 visa holder? In other words, do I have to pay the 2*X% loading of hospital cover if the day I purchase private health insurance is later than the Lifetime Health Cover base day(1st of July following my 31st birthday)? There is one statement saying that: Overseas Visitors Health Cover, Overseas Student Health Cover and international forms of insurance are not considered to be hospital cover for Lifetime Health Cover purposes However, I am not able to understand what it means. The following link is what I refer to: http://www.privatehealth.gov.au/healthinsurance/incentivessurcharges/lifetimehealthcover.htm Thanks, Wen Quote Link to comment Share on other sites More sharing options...
Ozmaniac Posted December 19, 2014 Share Posted December 19, 2014 Lifetime health cover only applies to citizens and PRs. Quote Link to comment Share on other sites More sharing options...
go4wen Posted December 19, 2014 Author Share Posted December 19, 2014 Thank you Ozmaniac. Quote Link to comment Share on other sites More sharing options...
go4wen Posted December 22, 2014 Author Share Posted December 22, 2014 Lifetime health cover only applies to citizens and PRs. Hi Ozmaniac, Saw your answers on Yahoo years ago . One following question from me: Can I have a basic health cover complying with DIAC from one insurer, and other extra cover from another (probably after my landing)? I am a resident from non-RHCA country and the package products I am shopping around seem not quite cover my needs.. Cheers, Wen Quote Link to comment Share on other sites More sharing options...
Ozmaniac Posted December 22, 2014 Share Posted December 22, 2014 I honestly don't know the answer to that one. I know it's possible for someone who is eligible for Medicare to take out Extras cover by itself so I'd say there's a reasonably good chance that a 457 holder would be able to also do that but that would be up to the individual insurer. Quote Link to comment Share on other sites More sharing options...
Cal2 Posted December 23, 2014 Share Posted December 23, 2014 if you have cover even as a 457 holder - you will qualify for life time cover when you get PR, or at least thats how it seems to have worked for us. You need to get cover within 1 year of arriving to qualify if you're over 30 for the loading value to be set at the same as if you had insurance before you were 31 - if that makes sense Quote Link to comment Share on other sites More sharing options...
go4wen Posted December 23, 2014 Author Share Posted December 23, 2014 I honestly don't know the answer to that one. I know it's possible for someone who is eligible for Medicare to take out Extras cover by itself so I'd say there's a reasonably good chance that a 457 holder would be able to also do that but that would be up to the individual insurer. Thank you. That's exactly what I am looking for, one basic cover with Extra that is customized somehow.. I will probably go with IMAN's visitor plus plan for half a year, then see how it goes. Stop being indecisive! :wink: Quote Link to comment Share on other sites More sharing options...
go4wen Posted December 23, 2014 Author Share Posted December 23, 2014 if you have cover even as a 457 holder - you will qualify for life time cover when you get PR, or at least thats how it seems to have worked for us. You need to get cover within 1 year of arriving to qualify if you're over 30 for the loading value to be set at the same as if you had insurance before you were 31 - if that makes sense Thanks Cal2, I think I do not have to worry about LHC loading even if I pass the age threshold, as long as I am on 457. PR is yet on my schedule, but I will start looking into possibilities. Quote Link to comment Share on other sites More sharing options...
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