What is this type of health service that provides for people protection and benefits for sickness and injury?

Life insurance will pay out a lump sum in case of your death or diagnosis with a terminal illness. This lump sum will typically go to one or more beneficiaries who tend to be your spouse or children. Income protection insurance will provide monthly payments in case you are unable to work due to illness or injury, keeping you financially covered while you get back on your feet.

A Waiting Period is the length of time you need to wait between the Date of Disablement (i.e. when you suffered the illness or injury that means you are no longer able to work) and when you will receive income protection benefits. With TAL, you can choose a Waiting Period of 2, 4 or 13 weeks or 2 years. The length of your Waiting Period is likely to affect your premiums.

The Benefit Period is how long you will receive regular monthly payments if you claim on your insurance. With TAL, you can choose a Benefit Period of 1, 2 or 5 years, meaning you will receive regular income on a monthly basis over this time.

When you apply for insurance, your insurer will assess what conditions or pricing should be applied to your policy. This decision will be made based on medical or lifestyle information that you provide and the risks associated for the insurer. Underwriting will ultimately determine how much you will pay in premiums and in some cases whether insurance cover is possible at all.

Before you are covered by TAL, you will need to disclose any health or lifestyle information that could affect the terms for your insurance. This includes disclosing any pre-existing medical conditions, and information around your employment including what your workplace is like and the level of risk you are exposed to. This disclosure will help to determine your premiums and any exclusions that may apply to your policy.

You can be covered by income protection as long as you are working in paid employment for a minimum of 20 to 30 hours per week depending on you occupation—whether you are employed by someone else or self-employed. In fact, Income Protection Insurance can be very valuable if you are self-employed, particularly since you will not be eligible for sick leave from an employer.

Many types of insurance come with a waiting period. This is to ensure that individuals do not take out insurance to cover a pre-existing condition, make the most of their benefit payments and then cancel their cover. This kind of behaviour results in higher premiums for all insurance customers. TAL’s policies offer flexibility so that you can choose a waiting period that suits you.

Income Protection payouts are subject to tax. The first step is to check whether tax has been withheld on your Income Protection monthly payout. Usually if you have received the funds directly from your insurer then the tax will not have been automatically withheld. If tax has not been withheld, then you need to declare any Income Protection payments to the ATO when you complete your annual tax return.

The premiums you pay on Income Protection insurance are usually tax deductible, since they relate to your income. However, premiums on other types of insurance are often not tax deductible. So, if your Income Protection insurance is part of a bundle with other insurance types—like life or trauma insurance—then you will only be able to claim a deduction on the part of the premium that covers Income Protection.

Income Protection Insurance provides valuable peace of mind, removing the financial pressure if you’re unable to work due to illness or injury. It is particularly useful if you or your loved ones depend on your monthly income to keep up with household expenses or a home loan. It can also be a suitable option for those who are self-employed and therefore not eligible for employer-funded sick leave.

If you would like to make a claim, please get in touch with a dedicated claims consultant as soon as possible. You can contact TAL via any of the below details:

Post: GPO Box 5380, Sydney NSW 2001
Phone: 1800 101 016
Email:

Your claims consultant will work with you to understand you and your individual needs. They’ll explain the steps to take so we can assess your claim, which will involve getting information from you and other sources about the claim event.

WorkSafe strives to prevent workplace injuries, illness and fatalities and for more than 35 years has raised the standard of health and safety in Victorian workplaces.

We use a range a tools and tactics to ensure workplaces are safer. This includes inspections, campaigns, education programs, targeted interventions, guidance, warnings, enforcement and prosecutions.

We educate, support and guide Victorian workplaces to provide a safe environment for their workers. We also hold negligent employers to account and enforce occupational health and safety laws if workers are subjected to risk or harm. Victoria remains one of the safest places in the world to work today and we are proud of our role in this.

Improving outcomes for injured workers

While preventing injuries is always our first preference and priority, when a workplace injury does occur, our job – and our focus – is on improving outcomes for those who are injured. Supporting them to recover and, where possible, return to safe work.

We provide a range of benefits including weekly income payments, hospital, medical and allied health treatment, personal and household help, common law benefits and lump sums for permanent impairment.

Yet our role is more than just a funder of benefits. We know the best outcomes are achieved when workers and employers work together with injured workers, their families and treating health professionals. Our role is to facilitate this - to listen to our clients, understand the goals and outcomes they would like to achieve and tailor an appropriate response. A workplace injury can significantly change a person's life. We are in a privileged position to make a difference, and help some of our community's most vulnerable.

Our ambition, our approach

WorkSafe's ambition is to be a world leader in harm prevention and recovery after a workplace injury. To do this, we are choosing to focus our efforts and resources where we can make a meaningful difference to the health, safety and well-being of Victorian workers.

To reduce workplace harm, we are targeting the 5000 Victorian workplaces that need the most support and attention - where harm is, or is likely to, occur. We are addressing the most prevalent causes of fatalities, and the high risk industries where they happen. We are supporting workplaces to be mentally healthy, and reduce mental injury. Our COVID-19 response continues, as we educate workplaces on how to operate safely with the virus. We're prioritising the early identification of current and emerging occupational illness and disease such as asbestos and silicosis. And we are supporting and empowering Victoria's network of Health and Safety representatives – our eyes and ears on the ground.

To improve outcomes for injured workers, we're identifying early those injured workers whose recovery or return to work is not going to plan, and providing targeted intervention and tailored support. We're making it easier for injured workers and employers to interact with us through better automation and online functionality. And we are reviewing and improving every interaction we have with an injured worker from the beginning of the process, when they lodge a workers compensation claim, to how we support their recovery and safe return to work.

WorkSafe's job is to protect every Victorian worker from harm. Our community expects and deserves nothing less.

Australia’s health system is one of the best in the world. It provides quality, safe and affordable health care for you and your family. It’s a key reason why we enjoy one of the longest life expectancies in the world.

There are many providers of health care in Australia, including:

  • primary care services delivered by general practitioners (GPs)
  • medical specialists
  • allied health workers
  • nurses.

Medicare and the public hospital system provide free or low-cost access for all Australians to most of these health care services. Private health insurance gives you choice outside the public system. For private health care both in and out of hospital, you contribute towards the cost of your health care.

Medicare – the foundation of our health system

Medicare has been Australia’s universal health care scheme since 1984. Its 3 major parts are:

  • medical services
  • public hospitals
  • medicines

Medicare is available to Australian and New Zealand citizens, permanent residents in Australia, and people from countries with reciprocal agreements.

Medicare covers all of the cost of public hospital services. It also covers some or all of the costs of other health services. These can include services provided by GPs and medical specialists. They can also include physiotherapy, community nurses and basic dental services for children.

The other important part of Medicare is the Pharmaceutical Benefits Scheme (PBS). The PBS makes some prescription medicines cheaper.

The Medicare Benefits Schedule

The Medicare Benefits Schedule (MBS) is a list of all health services that the Government subsidises. A team of medical experts keeps the list up to date, safe and best practice.

The MBS has a safety net. It can help by making sure you pay less for services once you reach a certain amount of out of pocket costs. This might be the case if you have a year where you pay a lot for medical care. Find out more about the Medicare Safety Net.

The Pharmaceutical Benefits Scheme

The PBS helps make medicines cheaper. Without the PBS, medicines would be more expensive. In some cases, they would cost tens of thousands of dollars more.

The PBS lists brand name, generic, biologic and biosimilar medicines. There are over 5,200 products on the PBS. All products are shown to be safe and effective before being sold in Australia. Independent medical experts advise on what is added to the PBS.

You only pay some of the cost of most PBS medicines if you are enrolled in Medicare. The Australian Government pays the rest. You pay even less if you have a concession card.

If you spend lots on medicine, the PBS Safety Net helps keep costs down. When you reach the Safety Net Threshold amount, prescriptions will cost even less for the rest of the year.

Private health insurance

Many Australians have private health insurance cover. There are 2 kinds of cover:

  • hospital cover for some (or all) of the costs of hospital treatment as a private patient
  • general treatment (‘ancillary’ or ‘extras’) cover for some non-medical health services not covered by Medicare — such as dental, physiotherapy and optical services.

Some people with private health insurance have either hospital cover or extras cover, and some people have both.

The Government provides a means-tested rebate to help you with the cost of your private health insurance.

Primary health networks

Primary health networks (PHNs) are organisations that coordinate health services in local areas. There are 31 PHNs across Australia.

PHNs:

  • support community health centres, hospitals, GPs, nurses, specialists and other health professionals to help improve patient care
  • coordinate different parts of the health system — for example, between the hospital and GP when a patient is discharged
  • assess the health needs of their local area
  • provide extra services that are needed, such as:
    • after-hours services
    • mental health services
    • health promotion programs
    • support for primary care (GPs), including continuing education

Government responsibilities

The Australian, state and territory, and local governments share responsibility for running our health system.

Australian Government responsibilities

  • Medicare Benefits Schedule (MBS)
  • Pharmaceutical Benefits Schedule (PBS)
  • supporting and regulating private health insurance
  • supporting and monitoring the quality, effectiveness and efficiency of primary health care services
  • subsidising aged care services, such as residential care and home care, and regulating the aged care sector
  • collecting and publishing health and welfare information and statistics through the Australian Institute of Health and Welfare
  • funding for health and medical research through the Medical Research Future Fund and the National Health and Medical Research Council
  • funding veterans’ health care through the Department of Veterans’ Affairs
  • funding community controlled Aboriginal and Torres Strait Islander primary healthcare organisations
  • maintaining the number of doctors in Australia (through Commonwealth-funded university places) and ensuring they are distributed equitably across the country
  • buying vaccines for the national immunisation program
  • regulating medicines and medical devices through the Therapeutic Goods Administration (TGA)
  • subsidising hearing services
  • coordinating access to organ and tissue transplants
  • ensuring a secure supply of safe and affordable blood products
  • coordinating national responses to health emergencies, including pandemics
  • ensuring a safe food supply in Australia and New Zealand
  • protecting the community and the environment from radiation through nuclear safety research, policy, and regulation

State, territory and local government responsibilities

  • managing and administering public hospitals
  • delivering preventive services such as breast cancer screening and immunisation programs
  • funding and managing community and mental health services
  • public dental clinics
  • ambulance and emergency services
  • patient transport and subsidy schemes
  • food safety and handling regulation
  • regulating, inspecting, licensing and monitoring health premises

Shared responsibilities

The Commonwealth also shares responsibility with the states and territories for other activities under national agreements such as the Council of Australian Governments (COAG). These other activities include:

Find your state or territory health department.

Local governments play an important role in the health system. They provide a range of environmental and public health services, community-based health and home care services.

Health system challenges

Australian health system challenges include:

  • an ageing population and increasing demand on health services
  • increasing rates of chronic disease
  • costs of medical research and innovations
  • making the best use of emerging health technologies
  • making better use of health data

These challenges look set to continue in coming decades.

Ageing population

A healthier older population will need different types of health services. To meet these new and different needs, we will need a flexible and well-trained health workforce in all areas of the country.

Chronic diseases

Managing chronic conditions is another challenge. The rise in many chronic conditions also increases demand for flexible, person-centred treatment models.

To address this, governments are taking a national approach to coordinated care in their health plans and policies, including GP-led team-based care for patients with chronic and complex conditions. We continue to work on ways to improve sharing of health and medical information between providers.

Health and medical research

Advances in medical science are set to completely change health care. For example, genomic testing will help doctors diagnose health conditions and diseases earlier, as well as provide better prevention and treatment options for people. But these advances are very costly and come with some difficult ethical and legal issues that need to be worked through.

New technology

New technologies also have an impact on health and medical services — from digital health technologies to automated health and diagnostic services. These technologies help to improve the health system, but they can affect patients and the health workforce.

To meet some of these challenges, the Australian Government is investing in medical research and technological innovation through the Medical Research Future Fund. This will see more innovations developed, tested and made available for Australians in all areas of health care.

Better use of health data

Comprehensive data can help us to improve health policy, programs and services. That’s why linking different health information across the health system is an important part of our work.

Other challenges

Australia shares other health system challenges with countries around the world — the rising cost of the health system, being able to respond to new health issues, inequality in access to health services and hospital waiting times.

Cost of health care in Australia

Australia’s health system is complex — and so are its funding arrangements. It is funded by:

  • all levels of government
  • non-government organisations
  • private health insurers
  • individuals when they pay out-of-pocket costs for products and services that aren’t fully subsidised or reimbursed

In 2016–17, Australia spent nearly $181 billion on health:

  • 41% by the Australian Government
  • 27% by state and territory governments
  • 17% by individuals (for products and services that aren’t fully subsidised or reimbursed)
  • 9% by private health insurers
  • 6% by non-government organisations

Health spending was about 10% of gross domestic product. This means $1 in every $10 spent in Australia went to health.

The Australian Government usually funds most of the spending for medical services and subsidised medicines. It also funds most of the $5.5 billion spent on health research in Australia in 2016–17.

State and territory governments fund most of the spending for community health services.

The Australian Government and state and territory governments share funding of public hospital services.