On the face of it, Medicare or public health insurance may look like the cheapest health insurance cover available in Australia today. It is funded by each and every taxpayer and this enables the government to mope up a large amount of money and provide affordable insurance services through its agency.

Well, the cheap health insurance depends on not just the choice of a public or private service provider but also on your current income. This is because the Australian Government has imposed an additional levy on high income earners who go in for public health insurance. This excess levy of 1 % is not applicable if you go in for private health insurance. This means that getting Medicare just because it looks like the cheapest health insurance plan available may not be a smart move if you are earning high income.

Where can you find more information in this regard? How can you compare the cost of health insurance offered by the Government and private insurance companies? Is it possible to do this comparison at zero cost and with zero inconvenience? Definitely. You just have to make use of the internet and utilise websites like OzInsure. These websites will give you a clear idea of the charges levied by different insurance companies.

Not only will you have a clear idea of the cost, you would also be in a position to compare the quality of service of different companies. This will help you ensure that the cheapest health insurance and need not the lead to a poor quality services.