Higher Rebates for Older Australians
13 July 2011
The Australian Government supports privately insured people by giving them a rebate on their premiums for both hospital and general treatment cover. Everyone with private health cover receives a rebate of at least 30%. The Australian Government has increased the rebate for older Australians. From the age of 65, you get a rebate of 35%. When you reach 70, it goes up to 40%.
You have three choices as to how to receive your rebate:
- You can reduce the premium you pay to your health fund
- You can claim it back at a Medicare office
- You can claim it on your annual tax return
Whichever way you choose to receive it, the Australian Government rebate on private health insurance is there to make private health cover more affordable for more Australians.
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