Family tiers apply to single parents and couples (including de facto couples). For families with children, the thresholds are increased by $1,500 for each child after the first.
How often does the AGR change?
The government reviews the AGR every year and adjusts it annually on the 1st of April.
How do you register for the AGR?
Registering for the AGR and nominating your income tier is really simple. Just:
Log in to your My Medibank account
Click on the ‘Manage Policy’ tab
Click on ‘Apply for your Government Rebate’
Complete the online registration form
What if my income tier changes?
You can update your income tier by following the same steps as above and clicking on ‘Update your income tier’.
If you choose the wrong income tier on your AGR application, your actual rate will be worked out by the ATO when you lodge your tax return, and you may need to repay any rebate you received above your entitlement at tax time.
For more information on AGR, visit ato.gov.au/privatehealthinsurance and you can also go to https://www.ato.gov.au/calculators-and-tools/Private-health-insurance-rebate-calculator/ to calculate your rebate.
*Calculated in accordance with the Private Health Insurance (Incentives) Rules 2012(No.2).
^Your tier relates to your income for Medicare levy surcharge (MLS) purposes.
Medibank Private Limited cannot advise on financial or tax matters. Any information provided to you is general in nature and does not take account of your individual circumstances. You should obtain your own independent financial advice.