Singles 0 90 000. Australian government rebate on private health insurance income thresholds and rates.
We ll apply the rebate directly to your premium so you can start paying less.
Health insurance rebate tiers. Private health insurance rebate. Rebate calculations are based on the information that you have provided and the income tiers outlined by the australian federal government. Previous rebate tiers private health insurance rebate and medicare levy surcharge effective 1 april 2018 to 31 march 2019.
The rebate levels applicable from 1 april 2019 to 31 march 2021 are. Single parents and couples including de facto couples are subject to family tiers. Policies are packaged into basic bronze silver and gold tiers with each private health insurance rebate tier containing a set list of inclusions.
Tier 3 is the highest income threshold for both singles and families. Insurers can include additional treatments on top of the required minimums in lower tiers. 70 years or over.
If your rebate is to change contact your private health insurer now and tell them which tier you are in to avoid a potential tax liability. The new structure is a very welcome improvement and should simplify the process for consumers. You ll need to let us know which rebate tier you re in by logging into mybupa and selecting cover or filling in this form and sending it back to us via messaging.
The families tier also applies to single parent families and couples with children including de facto couples. Thresholds from 1 april 2018. How do i claim the private health insurance rebate.
On 1 april 2020 the rebate percentage was not adjusted by the government and as a result the health insurer continued to provide zoe with a premium reduction of 25 059 for premiums paid from 1 april 2020 to 30 june 2020. 65 to 69 years. For families with children the income thresholds are increased by 1 500 for each child after the first.
To be eligible for the private health insurance rebate your income for surcharge purposes must be less than the tier 3 income threshold. On 1 july 2019 zoe nominated to receive a premium reduction of 25 059. The income thresholds are indexed and will remain the same to 30 june 2021.