Lifetime Health Cover loading

Lifetime Health Cover Loading (LHC) explained

Turning 31 and still don’t have hospital cover?

Well, here's the deal: Lifetime Health Cover (LHC) loading is a thing the Aussie Government put in place to get you to take out hospital cover sooner rather than later.

 

It works like this: for every year you don’t have hospital cover after 1 July following your 31st birthday, you’ll cop a 2% loading on your hospital premiums (when you eventually get them).

The longer you wait, the more you pay (capped at 70%, or 65 years of age). Hectic!

Keen to learn more? We have everything you need to know about LHC here.

Ready to join? Get a quote.

 

Ready to join? Check out Frank's Favs

Basic Accident Boost Hospital

Minimum Basic cover with additional coverage available in the event of an accident
$ 18.00
per week
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Basic Plus Hospital

Entry hospital cover for some essentials
$ 19.65
per week
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Bronze Hospital

Basic level private hospital cover with some exclusions and restrictions to keep costs down
$ 22.55
per week
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Bronze Plus Hospital

Private hospital cover with some exclusions to keep the costs down
$ 24.25
per week
Select

* The price shown is per week and applies to a Single, aged 30, living in VIC. It excludes LHC loading and includes a Base Tier Government Rebate

Why Frank?

  • We make health insurance ridiculously easy. No confusing insurance jargon. Just the good stuff, laid out nice and easy.
  • Easy claiming. You can claim online through our easy-to-use app.
  • Great service. Our locally based team is available via phone or webchat to answer any questions.
  • Keeping it real since 2009. We’ve been doing things differently since day one—no frills, just honest, straightforward health insurance.
  • Not-for-profit at heart. We’re all about putting members first, not profit.

 

 

Get extras cover and save 15% - 40%* off dental treatments with smile.com.au

*Savings may vary between dentists. It is recommended that members obtain a quote prior to treatment.