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Last updated: 2026-05-09

Health — Medicare and the Private Insurance Layer

Australia's universal healthcare system, Medicare, has run since 1984 and provides essentially free GP and public hospital care to citizens and permanent residents. It's funded by general taxation plus the Medicare Levy (2% of taxable income). The biggest contrasts with Korea's national health insurance are that public hospital admissions and surgery have almost zero out-of-pocket cost, and that Medicare cards are issued per individual, with family members listed under the same card number.

Who can enrol

What is free or low-cost

Two private health insurance (PHI) incentives

The federal government uses two carrots and sticks to push people into PHI to reduce public hospital load.

Things to watch

Official guidance: Services Australia: Medicare, privatehealth.gov.au