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  • The taxman takes enough - here’s how to take something back

The taxman takes enough - here’s how to take something back

Updated 06 June 2025

Health
Gillian Clive
Written byGillian Clive
Our editorial process

Make the most of tax time with smarter health insurance.

The taxman takes enough - here’s how to take something back

Tax time isn’t everyone’s idea of fun. But here’s something that might make it more tolerable: you could be saving on your health insurance and your tax bill - if your policy includes the right kind of cover.

It’s tax time - and in between all the stress and hassle of finding receipts and getting hold of your tax agent, you might have forgotten that health insurance premiums can get you a rebate - but not all health cover is eligible.

If you’ve got hospital cover, you could be in line for a private health insurance rebate - and potentially avoid the Medicare Levy Surcharge if your income’s above the threshold.

That’s two ways you could save:

  1. On your premium (your rebate can knock up to 30% off,** depending on your age and income) - calculate your saving here. PLUS

  2. On your tax (no Medicare Levy Surcharge if you hold eligible health cover).

Read all about it here.

COMPARE & SAVE

TL:DR?

Fair. It’s faster to chat to a Compare Club health cover expert who knows which policies tick all the boxes - and which ones are just along for the ride.#

Want to see what better value cover looks like for you?

COMPARE & SAVE
Disclaimer: ** Private health insurance rebate #Compare Club compares selected products from a panel of trusted insurers. We do not compare all products in the market.


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