Private health insurance
Private health insurance - press advertisement
Important changes to the private health insurance rebate
Printable version of the PHI press advertisement (PDF 163 KB)
Do you expect to earn more than $84,000 as a single, or more than $168,000 as a family in the 2012-13 financial year?
Most Australians with private health insurance currently receive a 30 per cent rebate from the Australian Government to help cover the cost of their premiums.
From 1 July 2012, your private health insurance rebate will be income tested.
Using the table below, work out your tier to see how the changes will affect you. To avoid a potential tax liability, contact your private health insurer and tell them which tier you are in so they can adjust your rebate.
Income
 | No change | Tier 1 | Tier 2 | Tier 3 |
|---|---|---|---|---|
| Singles | $84,000 or less | $84,001 - $97,000 | $97,001 - $130,000 | $130,001+ |
| Families | $168,000 or less | $168,001 - $194,000 | $194,001 - $260,000 | $260,001+ |
Private Health Insurance Rebate
| Age | No change | Tier 1 | Tier 2 | Tier 3 |
|---|---|---|---|---|
| Under 65 | 30% | 20% | 10% | 0% |
| 65-69 | 35% | 25% | 15% | 0% |
| 70+ | 40% | 30% | 20% | 0% |
Medicare Levy Surcharge
| No change | Tier 1 - No change | Tier 2 | Tier 3 |
|---|---|---|---|---|
| All ages | 0.0% | 1.0% | 1.25% | 1.5% |
For more information visit the Private Health website.
Help with accessing large documents
When accessing large documents (over 500 KB in size), it is recommended that the following procedure be used:
- Click the link with the RIGHT mouse button
- Choose "Save Target As.../Save Link As..." depending on your browser
- Select an appropriate folder on a local drive to place the downloaded file
Attempting to open large documents within the browser window (by left-clicking)
may inhibit your ability to continue browsing while the document is
opening and/or lead to system problems.
Help with accessing PDF documents
To view PDF (Portable Document Format) documents, you will need to have a PDF reader installed on your computer. A number of PDF readers are available through the Australian Government Information Management Office (AGIMO) Web Guide website.
