How to pay for your health care
National health care (NHS) is a major expense for Australians.
The average annual cost of the average Australian health care system is around $1,200.
It is a large amount of money for a family of four.
In fact, the average annual salary of an Australian health professional is $155,000.
Yet, despite this, Australians spend almost $2 trillion annually on health care.
What is the cost of National Health care?
The cost of health care varies widely by state, region and territory.
Most states and territories spend more on health than they take in, and spend more than their share.
However, the cost varies by region and is more stable in some regions.
Some states spend more, while others spend less.
Here’s a breakdown of how the national health system works in Australia.
Nationally, Australians pay the same amount of tax, but spend more in their state and territory compared to others.
They also spend more overall in some states, but less in others.
Here’s how that compares.
States and territories that spend more per person on health spend more: $8,000 per person in Western Australia, $11,400 in New South Wales, $13,400 per person and $17,400 a person in Victoria.
Tasmania and Queensland spend more ($10,700 and $12,000 respectively).
The states that spend less on health: Tasmania, New South Wines, Western Australia and Queensland.
Source: Commonwealth of Australia Health care expenditure for all Australians varies.
There are different rates of expenditure for each state.
If you’re in a lower-income state, for example, your health spending could be higher than that of a richer state.
For example, New Zealand spends $1.7 trillion per year on health.
But the differences between the states and regions are very small.
Health spending in Queensland is $7.5 billion less than in New Zealand.
Health care spending in Victoria is $9.5 trillion less than New Zealand’s.
Source, Commonwealth of Australians.
What is National Health Insurance?
NHS is a national insurance scheme, meaning every Australian is entitled to health insurance.
Many states and some territories also offer a range of public health insurance schemes, including Medicare, a health insurance program for the elderly.
These include, Medicare, Private Health Insurance, Disability Insurance, Public Health Insurance and other forms of universal health insurance that cover all Australians.
The Commonwealth of Australian states and territory do not currently cover private health insurance, although they will in the future.
Source (CBO 2014).
How do I pay for my health care?
The cost of national health insurance varies by state.
It’s a major cost for many families.
People in higher income states are entitled to a lower rate of national insurance than people in lower income states.
For example, in Queensland, the Commonwealth covers $3,500 per person, while in NSW it’s $10,000, $15,000 and $18,000 depending on your income bracket.
Health expenditure in states and the territories varies.
What is Medicare?
Medicare is a private health insurer, providing health insurance to the elderly and disabled.
Medicare provides a range or ‘caps’ of services and supports to people aged 65 years and over.
Source Medicaid is an Australian-run health insurance scheme that covers the aged.
Source Medicine is a public insurance scheme.
National health insurance in Queensland was initially set up in 1958 to cover the aged, and is currently administered by the State Government and the Commonwealth.
How does Medicare work?
Medicare provides services for people aged 55 years and older.
It covers some aspects of care, such as primary health care and hospital admissions.
Mental health and addiction services are also covered.
Patients are eligible for Medicare for life.
Medicare covers the following services and support for people over 55: Mental health care