If you have Extras cover, then the answer is, yes!
Provided you are an Overseas Visitor, from a country with a Reciprocal Health Care Agreement with Australia and hold a complying health insurance product, you’re certainly entitled to receive the Australian Government Rebate on private health insurance for your Extras cover.
Important, please note: Overseas Working Visa Hospital Cover and Overseas Non-Working Hospital Cover products are not eligible for the Australian Government Rebate.
The rebate applies to domestic Hospital and Extras policies provided by Australian registered health insurers. It does not apply to Overseas Visitors Health Cover or other types of insurance. In short, anyone who is eligible for Medicare and has a complying health insurance product is eligible for the rebate, subject to their income threshold.
From 1 July 2024, the income thresholds are:
| POLICY TYPE | BASE TIER | TIER 1 | TIER 2 | TIER 3 |
|---|
| SINGLE | $97,000 or less | $97,001 - $113,000 | $113,001 - $151,000 | $151,001 or more |
| COUPLE / FAMILY | $194,000 or less | $194,001 - $226,000 | $226,001 - $302,000 | $302,001 or more |
| AGE | APPLICABLE PRIVATE HEALTH INSURANCE REBATE |
|---|
| UNDER 65 | 24.608% | 16.405% | 8.202% | 0% |
| 65 - 69 | 28.710% | 20.507% | 12.303% | 0% |
| OVER 70 | 32.812% | 24.608% | 16.405% | 0% |
To apply for the Australian Government Rebate on private health insurance on your HIF policy, please download the Rebate Application Form, complete this and return to us at hello@hif.com.au.
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