Nearly one in 10, or 8.5% of Australians, take out health insurance to avoid the Medicare levy surcharge, finder.com.au has found in its March survey.
The Medicare levy is a flat 2% tax levied on Australians who do not have an appropriate level of private hospital insurance and who earn above a certain income, to help fund the health insurance program.
Recently, the government ditched the proposed Medicare levy surcharge hike to 2.5%, saving many Australians an additional $120-$1,500 in annual tax, finder.com.au said.
The comparison website's survey of more than 1,000 Australians also revealed the major triggers for Australians to get their health cover: