For private health insurance premiums paid on and after 1 July 2012, the private health insurance rebate available to taxpayers will be means tested as per the table below.
To gain an additional year at the current rebate level, consider pre-paying your annual private health insurance premium before 30 June 2012.
|
Individuals |
Current Rebate |
Rebate From |
|
$83,000 |
30% |
30% |
|
$83,000 – $96,000 |
30% |
20% |
|
$96,001 – $129,000 |
30% |
10% |
|
$129,000+ |
30% |
0% |
|
Families |
Current Rebate |
Rebate From |
|
166,000 |
30% |
30% |
|
$166,001 – 192,000 |
30% |
20% |
|
$192,001 -$258,000 |
30% |
10% |
|
$258,000+ |
30% |
0% |
Private health insurance rebate means test