Private health insurance rebate details will automatically be uploaded to the Australian Taxation Office.
If you do your tax return online or have an accountant, you don't need a copy of your tax statement.
If you do a paper tax return, or would still like to view your statement, you can download it securely in My Medibank from 15 July. For instructions see below.
If you are unsure whether you need your tax statement to complete your tax return, for 1 July 2023 to 30 June 2024, please speak with your accountant or contact the Australian Taxation Office on 132 861 or visit ato.gov.au.
How to view and download your statement online
If you don't have a My Medibank web login, you can register here.
To make tax time as simple and straightforward as possible, we’ve put together a “how to read guide” that shows you where all the information goes on your tax return. Download guide.
Step 2
In the Me page, select Tax Documents from the left hand menu.
We will then ask you to complete a 2-step verification via email to verify your identity and to help keep your data secure.
Step 3
The default will be Annual Tax Statement, select the Financial Year that you need and click Next.
How to view and download your statement on App
Download the My Medibank app and register to access Tax Statements by tapping the relevant button below.
Step 1
Log into My Medibank app and navigate to the 'Me' tab.
Step 2
On the Me screen, select Tax Documents.
We will then ask you to complete a 2-step verification via email to verify your identity and to help keep your data secure.
Step 3
The default will be Annual Tax Statement, select the Financial Year that you need and tap Next.
Step 4
Tap on the Tax Pack link to download and save or share.
What is your Australian Government Rebate and how to update it
The government may offer a rebate on health cover premiums known as the Australian Government Rebate (AGR). Read more about the AGR and how it's calculated.
If you want to check you’re on the correct AGR income tier or change your income tier, here’s what to do:
- You’ll find your current AGR tier on My Medibank Web under the ‘Me’ tab or in Medibank Mobile App under Me/Manage Payments/Australian Government Rebate (AGR)
- You can then find the current AGR income tier bands here so you can check your income tier is still correct
- If you need to change your AGR income tier you can easily change it in My Medibank Web or App
- Log in to your My Medibank account
- Navigate to the Australian Government Rebate information as above
- On My Medibank Web, click on the ‘Update details’ button and update your tier. On Medibank Mobile App click the ‘Edit’ button. Updating your AGR will result in a change to your premium, all changes will take effect the next time your payments are due. If the change results in a higher or lower premium this will only be effective from the next time you are due to pay.
- If you can’t access My Medibank, and your AGR income tier is incorrect, you will need to contact us to change it.
If you have been on the wrong income tier the ATO will adjust your tax accordingly when processing your tax return. Medibank is unable to backdate your AGR income tier. If you have any further questions, contact your accountant or the Australian Taxation Office on 132 861 or visit ato.gov.au
Overseas health cover
The Australian Government Rebate (AGR) doesn’t apply for overseas health cover, nor does it provide exemption from the Medicare Levy Surcharge (MLS). You do not need this information for your tax return.
Want to know more?
If there are any other questions you’d like answered, go to medibank.com.au/contact-us.
