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Show Notes
Australian health insurance premiums are increasing by an average of 4.41%, the largest rise in nearly a decade. Gold policyholders will pay approximately $167 more for singles and $330 more for families annually, with major providers like NIB implementing increases up to 5.47%. Australians earning over $101,000 without private health insurance face a Medicare levy surcharge of $1,010, while basic hospital policies cost around $977, making coverage financially advantageous for many despite the premium increases.
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