Lifetime Health Cover (LHC)

Lifetime Health Cover (LHC) is a federal government initiative that encourages Australians to invest in Hospital cover earlier in life by paying a lower premium compared to those who decide to take out Hospital cover when they’re older.

You can avoid paying the annual 2% LHC loading on top of your insurance premiums by taking out Hospital cover before 1 July in the year following your 30th birthday. If you take out Hospital cover after the age of 30, you will receive a loading percentage as per your certified age at entry (CAE).

For example, if you decided to take out Hospital cover at age 50, you would need to pay an additional 40% LHC loading (20 years x 2%) on top of your annual insurance premium. After 10 years of continuous Hospital cover, that loading would be removed.   

You can go without Hospital cover for 1,094 days (one day less than three years) during your lifetime without affecting your CAE. Short suspensions agreed by Nurses & Midwives Health do not count towards the 1,094 days or if you spend at least one continuous year overseas, including return visits of up to 90 consecutive days.