FREQUENTLY ASKED QUESTION

Will the Medicare Levy Surcharge still apply while my policy is suspended?

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 Managing an existing policy

While your policy is suspended, if you earn above a certain income threshold, the Medicare Levy Surcharge may apply. To find out if the surcharge will apply (and whether it would be better for you to continue to pay for your cover while you’re overseas rather than suspend), you need to contact the Australian Taxation Office or talk to your tax adviser.