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From 1 July 2012, an individual’s entitlement to a private health insurance rebate will be income tested. These changes are for the 2012-13 financial year.Taxpayers will not be entitled to their current rate of rebate if their income for Medicare levy surcharge purposes is either:

  • a single income of $84,001 or more
  • a combined family income of $168,001 or more.

There are also two new income thresholds where taxpayers will pay a higher rate of Medicare levy surcharge at 1.25% or 1.5% as per the following table:

Income thresholds
Singles $0 – $84,000 $84,001 – $97,000 $97,001 – $130,000 $130,001 and above
Families* $0 – $168,000 $168,001 – $194,000 $194,001 – $260,000 $260,001 and above
Private health insurance rebate
Unchanged Tier 1 Tier 2 Tier 3
Aged under 65 30% 20% 10% 0%
Aged 65-69 35% 25% 15% 0%
Aged 70 or over 40% 30% 20% 0%
Medicare levy surcharge
Rates 0% 1% 1.25% 1.5%

* The families’ threshold is increased by $1,500 for each dependent child after the first. Families include couples and single parent families.

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