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Cutting Out The Junk

Cutting out the junk! What is a Health Insurance Junk Policy?

Buying junk can be a combination of trying to avoid the Medicare Levy Surcharge at tax time, as well as Lifetime Health Cover loading (LHC). The benefit of using junk policies to avoid tax may save you money now and may serve a purpose in your current state of health, but it’s not a long term solution.


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