Health Insurance Tier Rebate - Premiums Up Rebates Down And A New Tiered System What The Private Health Insurance Changes Mean. See if you're eligible to save up to 33% on your premiums with the private health insurance rebate here. Health insurance shouldn't cost a fortune.
The rebate is a government initiative that helps make health insurance more affordable. If you have private health insurance, or are considering getting it, a series of changes coming into effect on april 1 are worth knowing about. The rebate for private health insurance was put in place by the government to help people pay their premiums.
For example, the average cost per hospital stay is $11,700, while treatment for cancer can cost.
The health insurance rebate tiers are used to separate different income brackets. The health care law provides 2 new ways to hold insurance companies accountable and help keep your costs down: Each has its own rules and cost sharing structure, and premium rates vary tremendously across plans. Health insurance policies are almost as unique as the people they're meant to cover.