Hospital Cover

I just recently received a letter from the department of health and ageing. It was about me entitled to apply for a medicare plus it also discussed about the scheme of private healthy insurance with hospital cover. You see, there is this new law that residents of more than 30 years old without private hospital cover will pay 2% premium on top of the current hospital cover fee for the years that they didn't have the private health insurance. Hence they encourage the people to take out private health insurance while they're still 30 to avoid this extra fees. The government is subsidising part of the private health insurance hence we get 30% rebates. The good thing about this news is, we already have a family life insurance as well as health. True, we don't get to see the value of our money but thank God for it. We are healthy. But time will come that we would be thankful we have this insurance. You wouldn't really know when you need it.