The private health insurance rebate percentages that apply from 1 July 2019 have been released. The table below sets out the rebate percentages for the 2018/19 income year.
|Base Tier||Tier 1||Tier 2||Tier 3|
|Singles||$90,000 or less||$90,001-$105,000||$105,001-$140,000||$140,001 or more|
|Families||$180,000 or less||$180,001-$210,000||$210,001-$280,000||$280,001 or more|
The private health insurance rebate has been indexed from 1 April 2014. From that date, the rebate contribution from the government is annually adjusted by a universal Rebate Adjustment Factor (RAF).
The RAF represents the difference between the Consumer Price Index (CPI) and the industry weighted average increase in premiums. The RAF is enacted by the Private Health Insurance Legislation Amendment Act 2014 and is set out in the Private Health Insurance (incentives) Rules 2012 (No 2).
A person’s rebate entitlement continues to be based on their age and income for Medicare levy surcharge purposes.
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