What is Your Private Health Insurance Rebate Worth?

As of 1 April 2005, the Private Health Insurance Rebate will increase from 30 percent to 35 percent for people aged from 65 to 69 years and to 40 percent for people aged 70 years and older.

Older people taking out private health insurance for the first time will also be eligible for the higher rebate.

Contributors to private health insurance and those joining for the first time who are under 65 years will continue receiving the Federal Government's 30 percent rebate on their private health insurance premiums.

For further information on the new rebate scheme, click here

Use our helpful online calculator to quickly work out the value of your Private Health Insurance Rebate.



YOUR AGE GROUP:

PAYMENT
FREQUENCY
  
Weekly Fortnightly Monthly Quarterly Yearly
I already benefit from the rebate and I pay the following after the rebate has been applied:
$
My premium is yet to be reduced by the Federal Government:
$

RESULTS
The amounts below are the savings you currently receive as a result of The Federal Government's PHI rebate:
Yearly
Quarterly
Monthly
Fortnightly
Weekly