Logique
Investor
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- 18 April 2007
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As was highlighted in parliament last week, it is yet another broken promise.One of the worst pieces of public policy in living memory. An electoral winner for the Coalition if they promise to reverse this..
I have house and contents insurance. I've never made a claim and hopefully never will, but I'll keep paying the premiums "just in case".Youll be glad you have it if you ever need it.
So if you can afford it make it a priority.
If youve ever flown Business class over cattle class youll get the idea!
As was highlighted in parliament last week, it is yet another broken promise.
Then Health Minister Nicola Roxon said in 2007, that Labor wanted to make it 'crystal clear' that there would be no changes to the private health insurance rebate arrangements.
http://www.theaustralian.com.au/nati...-1226267240902On the Insiders it was said that it was Labors deal they took to a election.......isn't it essentially middle class welfare?
BTW no research shows it affects numbers for private cover.
That seems so sensible doesn't it and it's an approach many private fund members have considered. Until you hear about some procedures which cost many hundreds of thousands. Then $1400 p.a. as a premium seems OK.Well an elderly SF retiree I worked with, doesn't have private cover.
The principle he works on is, if it's life threatening he will be covered by medicare.
If it's elective, he had a hernia repaired recently, he just pays the surgeon.
Rich folks are on the hit list, it's in Labor's DNA. But rich folks pay tax, a lot of it. We must look past the Labor spin - the real subsidy flows in the opposite direction, rich folks participating in health insurance is what keeps premiums lower for the rest.
It's struggling families who'll cop it in the neck, as premiums rise, and they will.
Again I trust the private funds, who know their market best...My instinct is to agree but on the other hand, in reality will most of the people who really believe in private cover drop it without the 30% off? I've been poor and went without other stuff to keep the private insurance.
How can it not affect numbers for private cover ?
If the nett cost is increased, some will pull the pin. That's just simple logic.
Does anyone know if these penalties are changed at all in the proposed new legislation?The most effective method is not subsides that the health funds pocket its the penalties that are imposed if you do not belong to a private fund.
Again are we not talking about middle class welfare?
What we are seeing here is much simpler than welfare/tax reform. It's just wealth redistribution.The most effective method is not subsides that the health funds pocket its the penalties that are imposed if you do not belong to a private fund.
Again are we not talking about middle class welfare?
Does anyone know if these penalties are changed at all in the proposed new legislation?
The money for dental care will be funded by an increase in the Medicare Levy surcharge for people on higher wages who do not hold private hospital cover.
the public health system is the best way to deliver health services.
abolish the private health insurance rebate and redirect funds to the public health system, including public hospitals.
I think you meant 18 weeks (going on 6 months) paid maternity leave, and subsidized childcare. Anti-middle class welfare crusaders can demonstrate their credentials by speaking up there....Again are we not talking about middle class welfare?
Wealth redistribution, yes, but a blunt instrument that penalizes the (should be) redistributees.What we are seeing here is much simpler than welfare/tax reform. It's just wealth redistribution.
Another means test which further complicates the tax transfer system, increases EMTR's and subsequently encourages more people into income tax minimisation through schemes such as negative gearing of real estate.
I think you meant 18 weeks (going on 6 months) paid maternity leave, and subsidized childcare. Anti-middle class welfare crusaders can demonstrate their credentials by speaking up there.
TONY Abbott has pledged to axe Labor's means test on the 30 per cent private health insurance rebate if he wins government, adding $2.4 billion to his budget savings task.
- a millionaire appears to be a single earning > $83k, or family earning > $166k
And yet here we are having to pay even more tax just so the government can waste it on school halls, pink bats, carbon sequestation, car industry bailouts etc etc
Let's face it, the Australian car industry has had many more lives than the average cat. First, there were those years of resistance to the removal of quotas and the cuts to tariffs. Then the hands shot out for transitional assistance -- read, enormous sums of taxpayer dollars. The budgetary assistance is currently running at $160,000 per worker per year, with total protection amounting to an average of $7000 per car.
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