Private health insurance tiers
From 1 July 2010 the Government will introduce three new Private Health Insurance Tiers, which will determine:
 | Rate of Medicare Levy Surcharge (additional tax) for those without private health insurance, and |
|
| Rate of private health insurance rebate available to reduce premiums |
| Income
levels (indexed) |
Private health
insurance rebate |
Medicare Levy Surcharge* |
| Singles earning less than
$75,000 Couples earning less than $150,000 |
30% up to age 65 35% for those aged 65-69 40% for those over age 70 |
1% 1% 1% |
| Singles earning $75,000 -
$90,000 Couples earning $150,000 - $180,000 |
20% up to age 65 25% for those aged 65-69 30% for those over age 70 |
1% 1% 1% |
| Singles earning $90,000 -
$120,000 Couples earning $180,000 - $240,000 |
10% up to age 65 15% for those aged 65-69 20% for those over age 70 |
1.25% 1.25% 1.25% |
| Singles earning $120,001 or
more Couples earning $240,001 or more |
Nil Nil Nil |
1.5% 1.5% 1.5% |
* (applicable if not covered by private health insurance)
Published : 13 May 2009
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