Most Australians with private health insurance receive a rebate from the Australian Government to assist with the cost of their private health insurance. The rebate received depends on your level of income. The income thresholds are usually reviewed and indexed by the Government each year. However, the Government has paused the indexing of the income thresholds until 30 June 2021.

The Australian Government announced on March 30, 2020 that there will be no indexation of the Private Health Insurance rebate on April 1, 2020 due to the coronavirus (COVID-19) pandemic. This means that the rebate percentages commencing April 1, 2019 will continue to apply until March 31, 2021.

PRIVATE HEALTH INSURANCE REBATE AS APRIL 1, 2020

Income
Base Tier Tier 1  Tier 2 Tier 3
 Single income  $0 – $90,000  $90,001 – $105,000  $105,001 – $140,000 $140,001 +
 Family income  $0 – $180,000 $180,001 – $210,000  $210,001 – $280,000 $280,001 +
 Table 1: Private Health Insurance Rebate
 Less than 65 years 25.059% 16.706% 8.352% Nil
 65 to 69 years 29.236% 20.883% 12.529% Nil
 70 years or over 33.413% 25.059% 16.706% Nil

The rebate can be claimed in two ways:

  • As an upfront reduction to your premium. To do this, you will need to complete the Australian Government Rebate Application Form. You will need to nominate a rebate tier from the above table so that we know how much rebate you wish to claim. If you need to change your rebate tier, you can nominate a new tier by calling us on 1300 090 960, by email to astute@stlukes.com.au or login to Online Member Services.
  • At the end of the financial year when you lodge a tax return.

For more information about the rebate, click here or contact the Australian Taxation Office on 13 28 61.

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