MBG Health Covers
 |
 |
 |
Why would I need health cover?
Latrobe's quality range of Hospital and Extras covers allows you the freedom to:
- Choose a hospital
- Choose a doctor
- Choose when to be treated
- Choose a level of cover that suits you
- Take control of your health
- Gain peace of mind and security
Government Initiatives
Medicare Levy Surcharge – avoid paying this surcharge by joining appropriate hospital cover 30% Government Rebate – deduct your rebate from your contributions, or claim through your tax return Lifetime Health Cover – maintain your hospital cover and avoid the loading.
Some facts about claims
During the last financial year Latrobe paid $66.1 million in benefits:
- Hospital benefits increased by 18.1% to $39.7 million
- Medical benefits increased by 9.2% to $7.1 million
- Prosthesis benefits increased by 19.3% to $10.5 million
- Extras benefits increased by 2% to $8.8 million
During this period our 10 highest individual claims ranged from $69,278 to $163,456. These benefits were for procedures such as a total hip replacement with complications, gastroenterological surgery with complications and cardiac conditions requiring insertion of a defibrillator. The average cost for a defibrillator is now in excess of $53,00.
MBG Health's agreements with over 90 Victorian Hospitals and many more throughout Australia, offers you an excellent choice in fixed bed and theatre benefits which ultimately provide you with savings. When a doctor is going to refer you to a specialist, we recommend that you seek admission to one of our contracted hospitals. For an updated list please contact MBG Health's Member Service Hotline before entering Hospital. If the choice is made to admit to a non-contracted hospital please call MBG Health for information on benefits available.
Waiting for elective surgery may take months: our Public Hospitals are already overcrowded and beds are hard to find! Even if you do eventually get admitted there is no guarantee the doctor of your choice will be there to look after you. Sure, you could opt to go private and pay the bills yourself! But could you control the amount of treatment, the time needed in hospital and all the associated costs? Could you afford the extra day or so in hospital after treatment for healing and convalescing? The average cost of an uncomplicated appendix operation is $7,500. Would your budget take that strain?
Don't make it a nightmare by not having the cover you need! MBG Health has the experience and expertise to help with your queries. MBG Health Staff will listen to your needs, explain the best options available to suit your life-style and thankfully make it all seem quite simple.
Avoiding the 1% Medicare Levy
Couples and families with a taxable income of $100,000 p.a. or more, and Singles with a taxable income of $50,000 p.a. or more, who do not have Private Health Insurance will pay an additional 1% Medicare Levy. To avoid paying the extra Medicare surcharge, you will need to have at least a private hospital cover table. People with Extras cover only will still be subject to the Medicare surcharge.
Higher income earners who have Private Hospital Health Cover will avoid the additional Medicare levy amount. By insuring with Latrobe you not only save on tax, you also have Health Cover for when you may need it.
Download a copy of our
MBG Health Plans & Application Form (1395 KB)
MBG Health Plan Rates (140 KB)
All products referred to herein are trademarks or registered trademarks of Latrobe Health Services Inc.
