insurance·saverby Internest
insurance·saver by Internest

Earning over $101,000? You could be paying up to $2,400 in hidden tax

The Medicare Levy Surcharge costs Australians without hospital cover up to 1.5% of their income. We compare every plan from all 34+ registered health funds to find if insurance actually saves you money.

📵Zero Sales Calls, Ever🏥All 33+ Health Funds Searched🚫We Tell You When NOT to Buy💰Zero Commissions

Data sourced from privatehealth.gov.au — every product across all registered health funds

How it works

1

Tell us your income & age

We calculate your exact Medicare Levy Surcharge and Lifetime Health Cover loading.

2

See if insurance saves you money

Side-by-side comparison: MLS tax vs cheapest qualifying insurance. Some people are better off paying the tax.

3

Find the right plan

Choose your clinical needs and excess preference. We match you to the best plans from all 34+ health funds.

Medicare Levy Surcharge 2025–26

Without appropriate hospital cover, the ATO charges a surcharge on top of the standard 2% Medicare Levy.

Income (Singles)Income (Families)MLS RateCost Example
≤ $101,000≤ $202,0000%No surcharge
$101,001 – $118,000$202,001 – $236,0001.0%$1,100/yr on $110K
$118,001 – $158,000$236,001 – $316,0001.25%$1,625/yr on $130K
≥ $158,001≥ $316,0011.5%$2,400/yr on $160K

Source: ATO 2025-26 MLS thresholds. Family threshold increases by $1,500 per dependent child after the first.

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Independent & Neutral — We search all 34+ registered health funds, not just paid partners. We receive zero commissions from any insurer. All data sourced from privatehealth.gov.au.