General Insurance – coming soon!
Teachers Health Fund are currently sourcing a new range of General Insurance products. These will be available soon.
Teachers Health Fund are currently sourcing a new range of General Insurance products. These will be available soon.
Most Australians with private health insurance currently receive a rebate from the Australian Government to help cover the cost of their premiums. The private health insurance rebate is income tested. The table below details the different rebate amounts and Medicare Levy Surcharge levels.
The rebate applies to hospital, general treatment and ambulance policies. It does not apply to overseas visitors cover. The rebate levels applicable for 1 July 2013 to 30 June 2014 are:
Singles Families |
≤$88,000 ≤$176,000 |
≤$88,001-102,000 ≤$176,001-204,000 |
≤$102,001-136,000 ≤$204,001-272,000 |
≤$136,001 ≤$272,001 |
---|---|---|---|---|
Rebate | ||||
< Age 65 | 30% | 20% | 10% | 0% |
Age 65-69 | 35% | 25% | 15% | 0% |
Age 70+ | 40% | 30% | 20% | 0% |
Single parents and couples (including de facto couples) are subject to family tiers. For families with children, the thresholds are increased by $1,500 for each child after the first. http://www.privatehealth.gov.au/healthinsurance/incentivessurcharges/insurancerebate.htm