It’s a government initiative to help Australians afford private health insurance.
The private health insurance rebate is the amount the Australian Government contributes to your Private Health Insurance premiums, and is based on your age and income.
Most members choose to claim the rebate as a reduction in their premiums, by nominating a ‘rebate tier’ with us. Or you can claim the rebate through your annual tax return with the ATO.
The table below will help you to work out the rebate that applies to you from 1 April 2020.
If your income falls within the thresholds, you can nominate your rebate tier with us and start saving on your premiums.
If your income is more than $140,000 (or $280,000 for families*), you may not be eligible to receive a rebate at all.
You can nominate your rebate tier when you join with Health Partners or any time during your membership.
You can also change your nominated rebate tier:
The Australian Government reviews the rebate every year and adjusts it annually on 1 April. This means that the rebate percentages will vary from year to year. They will also vary from person to person, depending on age and income.