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 Extras Cover product, you're certainly entitled to receive the Federal Government Rebate. 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.
To work out the rebate you are eligible to claim from 1 April 2019 - 31 March 2020, please refer to the table below:
| POLICY TYPE | BASE TIER | TIER 1 | TIER 2 | TIER 3 |
|---|
| SINGLE | $90,000 or less | $90,001 - $105,000 | $105,001 - $140,000 | $140,001 or more |
| COUPLE / FAMILY | $180,000 or less | $180,001 - $210,000 | $210,001 - $280,000 | $280,001 or more |
| AGE | APPLICABLE PRIVATE HEALTH INSURANCE REBATE |
|---|
| UNDER 65 | 25.059% | 16.706% | 8.352% | 0% |
| 65 - 69 | 29.236% | 20.883% | 12.529% | 0% |
| OVER 70 | 33.413% | 25.059% | 16.706% | 0% |
The Federal Government will be changing the rebate rates starting from 1 April 2021. Please refer to the table below for the new percentages.
| POLICY TYPE | BASE TIER | TIER 1 | TIER 2 | TIER 3 |
|---|
| SINGLE | $90,000 or less | $90,001 - $105,000 | $105,001 - $140,000 | $140,001 or more |
| COUPLE / FAMILY | $180,000 or less | $180,001 - $210,000 | $210,001 - $280,000 | $280,001 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 Federal Government Rebate on your HIF policy, please download the Rebate Application Form, complete this and return to us at hello@hif.com.au.
Important please note: Overseas Working Visa Hospital Cover products are not eligible for the Federal Government Rebate.
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