Private health insurance rebate means test
From the Institute of Chartered Accountants
A reminder that from 1 July 2012 the private health insurance rebate will be means tested as per the table below.
Individuals | Previous Rebate | Rebate From |
$83,000 | 30% | 30% |
$83,000 – $96,000 | 30% | 20% |
$96,001 – $129,000 | 30% | 10% |
$129,000+ | 30% | 0% |
Families | Previous Rebate | Rebate From |
166,000 | 30% | 30% |
$166,001 – 192000 | 30% | 20% |
$192,001 -$258,000 | 30% | 10% |
$258,000+ | 30% | 0% |
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