Rebate Declaration Summary

  • All the people listed on the policy must be eligible to claim Medicare for you to receive the rebate as a reduced premium.
  • Policy holders must nominate the income tier they believe they are entitled to.
  • If a policy holder claims an income tier above their actual entitlement, a recovery of monies will occur through the Australian Taxation Office (ATO) as a tax debt.
  • If a policy holder claims an income tier below their actual entitlement, a refund will occur through the ATO as a tax credit.
  • If at any stage you wish to stop receiving or wish to nominate a new income tier for the Australian Government Rebate on Private Health Insurance as a reduced premium, you must notify your health fund as soon as possible.