Remote Benefits:
Australia
Remote builds belonging for your global team with comprehensive local plans at competitive rates.
Customers may elect to offer the below benefits to their employees in Australia. To offer health coverage, customers must offer both the International health plan and the BUPA local coverage policy together, as seen below.
Remote Benefits Plans
Customers may elect to offer the below benefits to their employees in Australia. To offer health coverage, customers must offer both the International health plan and the BUPA local coverage policy together, as seen below.
The rates listed here are for the current plan year. Pricing and benefits are subject to change in response to business and market changes and we will update you when those changes take place.
You can email support@remote.com with any questions!
Benefit
Description
Inpatient Coverage
(International)
Cover Limit: $1M
Includes hospital room charges, nursing care, surgical procedures, and medications administered during the hospital stay.
Full refunds are available for intensive care, prescription drugs and materials, surgical fees, including anesthesia, physician and therapist fees, surgical appliances, diagnostic tests (for in-patient and day-care treatments only), organ transplants, and more.
Outpatient Coverage
(International)
Cover Limit: $5,060
Includes doctor's visits, diagnostic tests, specialist consultations, outpatient surgeries, therapy sessions, prescription medications, and more.
Deductible
(International)
$0
Employee receives immediate insurance coverage for outpatient services without any initial out-of-pocket payment.
Maternity
(International)
Maternity coverage includes a limit of $6,000 for related medical expenses.
Vision Insurance
(International)
Glasses & Contact Lenses (Including Exams): $250
Dental
(International)
Coverage Limit: $1000
Includes routine, preventive and restorative treatments as well as periodontics.
Employee Assitance Program (EAP)
(International)
Includes access to multilingual mental health, legal, and financial counseling via phone, video, or in-person. Additionally, a wellness website, fitness app, and 24/7 support in multiple languages are provided.
Coverage Details
(International)
For more detailed information on the international coverage, please refer to the table of benefits.
Local Coverage (with BUPA)
- Basic Hospital Coverage: A $750 excess for accidents only applies to all hospital admissions (overnight or daytime procedures), based on the calendar year.
- Travel and Accommodation Coverage: Up to $100 per person per trip for travel expenses and up to $150 per person per trip for accommodation ($50 per night).
- No Out-of-Pocket Medical Fees: Charges by surgeons, anesthetists, or other specialists are covered for included services when admitted to the hospital.
- COVID-19 Support: Includes Lung and Chest Care Coverage.
- Medical Cost Coverage: BUPA covers 25% of the costs, and Medicare covers 75% of the costs for included in-hospital services.
- Mental Health Support: Offers online Cognitive Behavioral Therapy (CBT) coverage.
For more detailed information on the local coverage, please refer to the table of benefits.
Price & Coverage Options
BUPA price can be estimated between 64AUD to 127AUD monthly, since the price is based on some factors, including a person's history with health insurance if they have previously purchased private health insurance and government rebates. On the other hand, the International Health Insurance will be a fixed price.
Bupa + Allianz Premium (Only employee): ~ 93 AUS (approx. 60 USD) + USD 142/ month: Approx. 202 USD
With the Internation Plan, If you cover the Employee Only, the employee is responsible for the cost of any dependents added to the policy.
- For Family coverage, the employee pays nothing.
Bupa + Allianz Premium (Family): ~ 93 AUS (approx. 60 USD) + USD 278/month up to 414 USD: Approx. 474 USD
With the Internation Plan:
You pay:
- Employee Only: $142/mo
- Family coverage (spouse/partner, children): Ranges from $210 to $414/mo
Employee pays:
- If you cover the Employee Only, the employee is responsible for the cost of any dependents added to the policy.
- For Family coverage, the employee pays nothing.
Benefit
Inpatient Coverage
(International)
Description
Cover Limit: $1M
Includes hospital room charges, nursing care, surgical procedures, and medications administered during the hospital stay.
Full refunds are available for intensive care, prescription drugs and materials, surgical fees, including anesthesia, physician and therapist fees, surgical appliances, diagnostic tests (for in-patient and day-care treatments only), organ transplants, and more.
Benefit
Outpatient Coverage
(International)
Description
Cover Limit: $5,060
Includes doctor's visits, diagnostic tests, specialist consultations, outpatient surgeries, therapy sessions, prescription medications, and more.
Benefit
Deductible
(International)
Description
$0
Employee receives immediate insurance coverage for outpatient services without any initial out-of-pocket payment.
Benefit
Maternity
(International)
Description
Maternity coverage includes a limit of $6,000 for related medical expenses.
Benefit
Vision Insurance
(International)
Description
Glasses & Contact Lenses (Including Exams): $250
Benefit
Dental
(International)
Description
Coverage Limit: $1000
Includes routine, preventive and restorative treatments as well as periodontics.
Benefit
Employee Assitance Program (EAP)
(International)
Description
Includes access to multilingual mental health, legal, and financial counseling via phone, video, or in-person. Additionally, a wellness website, fitness app, and 24/7 support in multiple languages are provided.
Benefit
Coverage Details
(International)
Description
For more detailed information on the international coverage, please refer to the table of benefits.
Benefit
Local Coverage (with BUPA)
Description
- Basic Hospital Coverage: A $750 excess for accidents only applies to all hospital admissions (overnight or daytime procedures), based on the calendar year.
- Travel and Accommodation Coverage: Up to $100 per person per trip for travel expenses and up to $150 per person per trip for accommodation ($50 per night).
- No Out-of-Pocket Medical Fees: Charges by surgeons, anesthetists, or other specialists are covered for included services when admitted to the hospital.
- COVID-19 Support: Includes Lung and Chest Care Coverage.
- Medical Cost Coverage: BUPA covers 25% of the costs, and Medicare covers 75% of the costs for included in-hospital services.
- Mental Health Support: Offers online Cognitive Behavioral Therapy (CBT) coverage.
For more detailed information on the local coverage, please refer to the table of benefits.
Benefit
Price & Coverage Options
Description
BUPA price can be estimated between 64AUD to 127AUD monthly, since the price is based on some factors, including a person's history with health insurance if they have previously purchased private health insurance and government rebates. On the other hand, the International Health Insurance will be a fixed price.
Bupa + Allianz Premium (Only employee): ~ 93 AUS (approx. 60 USD) + USD 142/ month: Approx. 202 USD
With the Internation Plan, If you cover the Employee Only, the employee is responsible for the cost of any dependents added to the policy.
- For Family coverage, the employee pays nothing.
Bupa + Allianz Premium (Family): ~ 93 AUS (approx. 60 USD) + USD 278/month up to 414 USD: Approx. 474 USD
With the Internation Plan:
You pay:
- Employee Only: $142/mo
- Family coverage (spouse/partner, children): Ranges from $210 to $414/mo
Employee pays:
- If you cover the Employee Only, the employee is responsible for the cost of any dependents added to the policy.
- For Family coverage, the employee pays nothing.
* Prices listed in USD, local currency equivalent will be determined based on exchange rate at the time of invoicing.
Remote Life Insurance Plans
Customers may elect to offer the below global life insurance benefits to employees and can choose between the basic and comprehensive plans.
Remote has partnered with Allianz as our benefits provider for global life insurance coverage.
It is essential to be aware that in certain countries:
- Insurance Premium Taxes may be applicable. This means you may pay taxes on the monthly premiums you pay towards the life insurance coverage for your employees.
- Life insurance benefits may be categorized as 'Benefits in Kind' (BIK). This categorization means that the monthly premiums, which the company pays for the life insurance coverage, might be counted as part of the employee's taxable income according to the local tax laws.
The rates listed here are for January 1, 2024, to December 31, 2024 policy year. Pricing and benefits are subject to change in response to business and market changes and we will update you when those changes take place.
You can email support@remote.com with any questions!
BASIC PLAN
COMPREHENSIVE PLAN
Life Insurance
Description: Life cover provides financial protection and security for beneficiaries after the death of an insured employee.
Payout: In the unfortunate event of an employee's demise, beneficiary compensation cannot exceed 6 times the employee's annual salary or the chosen cover level (whichever is lower).
Same as the Basic plan.
Accidental Death & Dismemberment (AD&D)
Description: The AD&D insurance offers financial protection to beneficiaries in the unfortunate events of an insured employee's accidental death or dismemberment.
Payout: Compensation cannot exceed 5 times the employee's annual salary or the chosen cover level (whichever is lower). The exact payout varies depending on the type of injury sustained, as specified in the Accidental Dismemberment Table. The employee or beneficiary will receive a percentage of the capped compensation amount, in accordance with the guidelines outlined in the table.
Learn more about payout procedures.
Permanent Disability
Description: The Permanent Disability insurance is designed to offer financial support to insured employees who suffer from either permanent and total or permanent and partial disabilities as a result of an accident or illness.
Payout: Compensation cannot exceed 5 times the employee's annual salary or the chosen cover level (whichever is lower). The insurance provider assesses the extent of the permanent disability to determine the final compensation:
- For disabilities below 33.33%, no compensation is provided.
- Disabilities falling between 33.33% and 66.67% result in compensation calculated as a percentage of the capped amount.
- Permanent disabilities exceeding 66.67% receive the full capped compensation amount.
Learn more about payout procedures.
Cover Levels and Premiums
Insurance Coverage and Monthly Premiums:
- up to $50k: $5.64
- up to $100k: $11.28
- up to $200k: $22.56
- up to $400k: $45.12
- up to $500k: $56.40
- up to $600k: $67.68
Insurance Premium Taxes are applicable in a few countries. Learn more.
Insurance Coverage and Monthly Premiums:
- up to $50k: $12.04
- up to $100k: $24.08
- up to $200k: $48.14
- up to $400k: $96.28
- up to $500k: $120.36
- up to $600k: $144.43
Insurance Premium Taxes are applicable in a few countries. Learn more.
Life Insurance
BASIC PLAN
Description: Life cover provides financial protection and security for beneficiaries after the death of an insured employee.
Payout: In the unfortunate event of an employee's demise, beneficiary compensation cannot exceed 6 times the employee's annual salary or the chosen cover level (whichever is lower).
COMPREHENSIVE PLAN
Same as the Basic plan.
Accidental Death & Dismemberment (AD&D)
BASIC PLAN
COMPREHENSIVE PLAN
Description: The AD&D insurance offers financial protection to beneficiaries in the unfortunate events of an insured employee's accidental death or dismemberment.
Payout: Compensation cannot exceed 5 times the employee's annual salary or the chosen cover level (whichever is lower). The exact payout varies depending on the type of injury sustained, as specified in the Accidental Dismemberment Table. The employee or beneficiary will receive a percentage of the capped compensation amount, in accordance with the guidelines outlined in the table.
Learn more about payout procedures.
Permanent Disability
BASIC PLAN
COMPREHENSIVE PLAN
Description: The Permanent Disability insurance is designed to offer financial support to insured employees who suffer from either permanent and total or permanent and partial disabilities as a result of an accident or illness.
Payout: Compensation cannot exceed 5 times the employee's annual salary or the chosen cover level (whichever is lower). The insurance provider assesses the extent of the permanent disability to determine the final compensation:
- For disabilities below 33.33%, no compensation is provided.
- Disabilities falling between 33.33% and 66.67% result in compensation calculated as a percentage of the capped amount.
- Permanent disabilities exceeding 66.67% receive the full capped compensation amount.
Learn more about payout procedures.
Cover Levels and Premiums
BASIC PLAN
Insurance Coverage and Monthly Premiums:
- up to $50k: $5.64
- up to $100k: $11.28
- up to $200k: $22.56
- up to $400k: $45.12
- up to $500k: $56.40
- up to $600k: $67.68
Insurance Premium Taxes are applicable in a few countries. Learn more.
COMPREHENSIVE PLAN
Insurance Coverage and Monthly Premiums:
- up to $50k: $12.04
- up to $100k: $24.08
- up to $200k: $48.14
- up to $400k: $96.28
- up to $500k: $120.36
- up to $600k: $144.43
Insurance Premium Taxes are applicable in a few countries. Learn more.
Exclusions: Please note that certain exclusions, as outlined in this help article, apply to our global life insurance policy.
Currency: Prices listed in USD, local currency equivalent will be determined based on exchange rate at the time of invoicing.
Remote's Benefits Practices
Remote supports our clients by offering competitive benefits packages that will help you attract and retain the best talent across the globe! Our benefits specialists have done the research on norms and requirements in each local market and have crafted packages that will allow your employees to thrive, no matter what country they live in.
Our core benefits (which often include things like healthcare) are required in some countries where we hire. We do not require customers to offer benefits in Australia due to its strong public system and local laws that protect us (and you!) against claims of discriminatory hiring practices. However, we do recommend that employers in Australia offer benefits to their employees, which allows them to access a wider range of options for providers and specialists as well as significantly shorter wait times. Our plans also offer global coverage (excluding the US) to protect your employees when they are traveling outside their home country. We do not add a markup on any benefits premiums or administration costs.
If you would like more insight into fair equity and benefits best practices, you can download our Global Benefits Guide here!
- In Australia, only 10%* of employers offer supplemental health insurance to their workforce. The country has a robust public health system, and while supplemental health insurance is not the norm today, it provides employees with access to a wider range of options for providers and specialists. Having health insurance also offers tax benefits to high-earning employees. (*based on 3rd-party market research from our partners)
- Employers can choose to opt out of offering Remote’s core benefits in Australia.
- If you choose to offer health benefits to your Australian employees, individuals may choose to waive the insurance offer.
- Employees who receive private health insurance are exempt from the Medical Levy Surcharge (MLS), which is an additional tax charge to any employees earning over AUD$90,000 (AUD$180,000 for couples and families) who don’t have locally compliant private health insurance in place.
- Having private health insurance is required for employees on certain visas in Australia.
- Remote employees in Australia will be enrolled in two plans. One is a barebones, locally compliant plan that allows for tax relief, and the other offers the robust coverage listed above, including international coverage.
- You will be able to select benefits when onboarding your employee (if you choose to offer them). From there, the employee will be contacted with more information about their plan. Remote takes care of all the administration work so you can focus on scaling your global team!
TCE in Australia
If you’re ready to hire a new employee in Australia, you may have generated or received a Total Cost of Employment quote to get an estimate of what it might cost. If you haven’t, you can do so with our handy Cost Calculator tool now!
Employers hiring in Australia must pay for social contributions mandated by the government. These costs are automatically applied during payroll:
- Superannuation (pension contributions)
- Worker’s compensation insurance
- Payroll tax (varies by state)
The exact cost of the government contributions listed above can be found by using the Cost Calculator.
- For more information about hiring employees in Australia, see our country hiring guide at https://remote.com/country-explorer/australia.
Learn more about Remote benefits
How do benefits work when hiring through an EOR?
Watch this quick explainer video to understand how offering benefits works when you hire team members through an employer of record like Remote.