For affordable health insurance
The less we have to pay on our health insurance premiums, the better for everyone. And the Private Health Insurance Rebate helps make that happen.
It’s income tested – so as your income increases, your rebate percentage decreases (as you’ll see here).
Please see below for the current rebates:
Current rebates (from 1 April 2021)
|Tier||Income for Medicare levy surcharge purposes||Age less than 65||Age 65-69||Age 70+|
|Base tier||Singles up to $90,000; Couples/Families up to $180,000||24.608%||28.710%||32.812%|
|Tier 1||Singles $90,001 - 105,000; Couples/Families $180,001 - 210,000||16.405%||20.507%||24.608%|
|Tier 2||Singles $105,001 - 140,000; Couples/Families $210,001 - 280,000||8.202%||12.303%||16.405%|
|Tier 3||Singles more than $140,000; Couples/Families more than $280,000||0%||0%||0%|
Note: Single parents are subject to family tiers. For families with dependent children, the income thresholds increase by $1,500 for each child after the first child.
How to claim the rebate
You can either have the rebate added as an automatic reduction on your premium amount – or you can take care of it through your annual tax return. Your private health insurance statement will tell you how much of your premium is eligible for the rebate and how much rebate you’ve already received.
You can also choose a tier to reduce the amount of rebate you get back – and you can change this at any time.