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Health Insurance Rebate Calculator

Calculate your private health insurance rebate based on income and age. See your rebate percentage, dollar savings, and what you actually pay after the government contribution.

Last verified: 5 May 2026

Reviewed by the Savings Mate editorial team — figures fact-checked against the ATO, Services Australia and ASIC MoneySmart.

How much is the private health insurance rebate in 2026?

The base-tier private health insurance rebate is 24.288% (under 65) from 1 April 2026, rising to 28.336% (65-69) and 32.384% (70+). This base tier applies to singles under $97,000 (families under $194,000). The rebate then tapers: Tier 1 (singles $97,001-$113,000) about 16.192% (under 65), Tier 2 ($113,001-$151,000) about 8.095%, and Tier 3 (over $151,000): 0% rebate regardless of age. Family thresholds are double the singles thresholds. You can take the rebate as a lower premium from your insurer or claim it as a tax offset. Source: Australian Taxation Office; Services Australia.

Worked example. Single, 40, earning $85,000 with a $1,800/year hospital + extras policy. Base-tier rebate 24.288% → ~$437 rebate → net premium ~$1,363/year. Above $151,000 (Tier 3) the full $1,800 is payable. On the MLS side, singles above $101,000 without hospital cover pay 1-1.5% surcharge (Medicare Levy Surcharge) — typically more than the premium.
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Your total annual health insurance premium (hospital + extras)

General information and estimates only — not financial, tax, or legal advice. Always verify with a licensed adviser or the ATO.

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