The number of Australians paying the Medicare Levy Surcharge at tax time continues to rise. New data from the Australian Tax Office shows the number of people who paid the Surcharge jumped from 768,537 in 2022-23, to 885,087 in 2023-24 – a 15% increase. The Medicare Levy Surcharge (MLS) applies to people who earn above the ATO income threshold and do not have Hospital Cover covering all members of their household. The thresholds...
Health insurance regulations mean top-level cover has increasingly become unaffordable for many Australians. That’s the finding in an Actuaries Digital article, which suggests that the 4 tiers – Basic, Bronze, Silver and Gold – should be restructured. The number of Australians with Gold tier policies has dropped from 95% in 2005 to just 30% in 2026, due to younger claimers being concentrated on expensive Gold policies. This means many people do not have access to services such as private maternity cover, assisted reproductive services...
Australians with health cover are paying larger out-of-pocket costs for private treatment than ever, new data shows. The average Gap for private hospital treatment has climbed to $511.02 – an increase of 8.4% from the previous quarter, according to the latest statistics from government regulator APRA (the Australian Prudential Regulation Authority). Average Gaps for Extras Cover have increased to $65.02 – a 3.4% rise. Orthopaedic procedures remain the most expensive when it comes to out-of-pocket costs, with...
The cost of raising children continues to rise, with policies for families among the hardest hit in the latest health insurance premium increases.Analysis by health insurance comparison site healthslips.com.au found increases to Family and Single Parent policies have risen higher than policies that don’t include children.The government announced health insurance premiums would rise by an...
Senior Australians are facing a double whammy of health insurance cost rises, putting extra pressure on wallets during the cost-of-living crisis. Changes to the Private Health Insurance Rebate, coupled with high premium increases to policies that meet health needs of people over 65, mean senior Australians will be hit doubly hard by new health insurance changes. Currently the Private Health Insurance Rebate reduces premiums for people on low incomes by up to 24.288%, with reductions...
Health insurance premiums will increase by an average of 4.41% on 1 April, but some Australians are already experiencing bill shock after finding their policies will increase by as much as 10.74%. In the past few weeks policyholders have been notified by health insurers about their premium rises on 1 April 2026 and in some cases, the increases are significantly higher than 4.41%. Analysis by health insurance comparison...
Out-of-pocket fees for Australians with health insurance have risen, new data shows. Statistics from health insurance industry regulator APRA reveal average Gaps for hospital treatment rose by 7.7% in 2025, from an average of $437.61 to $471.29. Gaps for Extras Cover claims were up 5.6% from an average $59.53 to $62.87. Despite the increased Gaps and the cost-of-living crisis, Australians are holding onto their health insurance policies. There was no change to...
The government has approved a 4.41% average health insurance premium rise for 2026 – the highest increase in 9 years. Every year, health insurers must apply to the Minister for Health and Ageing to raise premiums. Last year’s average increase was 3.73%, while the 2017 average was 4.84%. Policyholders will be advised of their premium change over the coming weeks, with new premiums effective from 1 April. The Private Health Insurance Rebate will also be reduced from 1 April...
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In 2024-2025, 7.7 million Australians claimed the Private Health Insurance Rebate, meaning the government reimbursed $7.3 billion to private health insurers. According to Services Australia, the number of Australians claiming the Private Health Insurance Rebate has increased over the past 5 years. Key indices 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 Private health insurance memberships registered 7.1 million...
No. If you are an overseas visitor or overseas student, you are not eligible for the Private Health Insurance Rebate because it is only available on Private Health Insurance for Australian residents.You may have Overseas Visitors Health Cover or Overseas Student Health Cover. Unfortunately, the Private Health Insurance Rebate does not apply to these health...
Yes. The amount of your Private Health Insurance Rebate changes each year because:For current rates, please see: How does the Private Health Insurance Rebate work?
There are two ways to claim your Private Health Insurance Rebate:
To calculate your Private Health Insurance Rebate, you can use our healthslips.com.au Calculator. You will need to answer the following questions:
The Private Health Insurance Rebate is calculated based on your:If your income is higher than the income threshold, you may not receive the Private Health Insurance Rebate.To check whether you are eligible for the Private Health Insurance Rebate, use the tables below to find your Rebate. The percentages listed are the rebates you will receive...
In this Guide, we explain the Private Health Insurance Rebate, which is one way the Australian Government encourages you to take out private health insurance.The Rebate can help you save money on your private health insurance, including:This Guide will help you work out whether or not you are eligible for the Private Health Insurance Rebate,...
The Private Health Insurance Rebate, also known as the Government Rebate, is a rebate the Australian Government pays to help cover the cost of your private health insurance. If you are eligible, it is calculated as a percentage of the cost of your health insurance for: