How Much Is The Medicare Levy Surcharge? 
A Medicare levy surcharge is a tax on Australians that earn over a certain amount and dont have private health insurance hospital cover . This surcharge provides health coverage for you and your dependents , including your spouse , any of your children who are under 21 years of age , or any of your student children who are under 25 years of age . T he surcharge is in addition to the Medicare Levy of 1.5 % , which is paid by most Australian taxpayers , and is calculated at the rate of 1 % to 1.5 % of your income . 