Sydney, NSW -- (SBWIRE) -- 07/16/2013 -- The equation is simple: Australians who earn over $88,000 pa as a single (or $176,000 pa as a couple or family) may be faced with the heftiest tax bill they’ve ever seen.

Those who earn over these minimum thresholds and don’t have hospital cover will be paying the taxman up to an additional 1.5% of their income. At the same time, the government has reduced health insurance rebates previously provided to these earners, making the amount payable up to 66% more expensive.

Despite these price hikes, the fact remains that Private Health Insurance is a necessity for many Australians regardless of their income, especially those with family to protect or existing health concerns to deal with.

It is therefore critical that the health insurance policy consumers select is the right one. Nobody wants to pay for any cover they don’t need.

Health Insurance Comparison has created an algorithm that compares merit as well as price to show its users who offers the best value and the best price from their range of providers, allowing Australians to make sure they are not overpaying.

Manually cross referencing the many policies on the market can take an eternity, but with HealthInsuranceComparison.com.au, individuals simply give the state they live in and their stage of life to get started. They can then quickly review comprehensive packages or customize the coverage they’re searching for to match them with providers that best serve their needs. For those in need of extra guidance, they can talk to an expert advisor over the phone who will do all the research for them and make recommendations, completely free of charge.

A spokesperson for Health Insurance Comparison explained, “For the majority of Australians with a family, Private Health Insurance is seen as a necessity. Not only does it allow them to select their own doctor if they need specialist treatment, it also avoids long waiting times before getting the necessary treatment. For many more people however, the reality is that the government taxes them if they don’t have it. The key to selecting the right policy is making sure that they are not paying for cover they don’t need. We ask our users all the right questions and compare from a range of health funds to make sure that the policy they choose covers what they need and fits into their budget.”

About Health Insurance Comparison
Health Insurance Comparison gives the low down on all things relevant to Australian Health Insurance. Whether users are just trying to get an idea of the market in general have a specific policy in mind, the site will help. Their goal is to provide users with the tools and knowledge they need to thoroughly and decisively compare health insurance policies, whilst also giving a rundown of other important stuff like medicare, premiums, hospital and extra cover, and much more. For more information, please visit: http://healthinsurancecomparison.com.au/