Q: What is the Australian Government rebate and what does it mean for me?
A:
The Federal Government provides a rebate on health insurance to all Australians eligible for Medicare who are members of a registered health fund, in recognition of the contribution that those with private health insurance are making to their own health care costs.
This rebate is now age and income tested. This rebate is available on all ACA Health hospital and extras products.
Please visit the Private Health Website to check if a rebate applies to your age and income level.
As a member of ACA Health Benefits Fund you can choose the rebate claiming method that best suits you.
You can receive the rebate as either:
- A premium reduction through ACA Health; or
- A refundable tax rebate in your annual tax return