Australian Government Rebate on Private Health Insurance
What is the rebate?
The Australian Government Rebate on Private Health Insurance is available to those who have full Medicare eligibility and earn under $136, 000 for singles and $272,000 for families/couples or single parents. The table below gives you the full details.
||Unchanged from before July 1, 2012
||$88,000 or less
||$136,001 or more
|Couples/Families (increases by $1,500 per child after your first)
||$176,000 or less
|$272,001 or more
||Australian Government Rebate on Private Health Insurance
|Under 65 years
|70 years and over
Note: The income tiers will increase each year. We'll let you know what they are when the Government decides.
How do I claim it?
You can claim the rebate as a reduction to your premiums, as a tax rebate when you lodge your annual tax return or as a direct payment from the Government through any Medicare office.
The easiest way for you to claim the rebate is to complete the application form for the Australian Government Rebate on Private Health Insurance during the application process with Frank. Frank will then deduct the rebate from your premiums.