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309 private health insurance
Dev Raga Personal Finance
Lifetime Health Cover Loading
Lifetime health cover loading was started in the 1st of July, 2000. You need to take your private health insurance before this date following your 31st birthday. After 10 years of paying Lifetime Health Cover Loading, there are no further increases in premiums or loading increases. Amy is a nurse and turned 31 in January 2022. If she doesn't have any private health insurance on this date or beyond, she will need to pay 2% extra for her premiums per year.
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