Does the amount of my Private Health Insurance Rebate change each year?

Yes. The amount of your Private Health Insurance Rebate changes each year because:

• The Australian Government changes the Rebate percentage on 1 April each year based on the Rebate Adjustment Factor, which is calculated as the difference between the Consumer Price Index (CPI) and the industry-weighted average increase in the cost of health insurance policies.
• Your rebate calculation is also based on the number of dependent children you have.

For current rates, please see: How does the Private Health Insurance Rebate work?