Your private health insurance tax statement.

This statement will be provided to members who have held at least one Complying Health Insurance Product which is eligible for the (30%, 35% or 40%) Federal Government Rebate. 

It is only sent to the primary policy holder (the person on the membership who is responsible for paying the premiums). So if you have a partner on your membership who is required to submit a tax return, you should let your tax accountant know. 

If you require an additional copy of this statement, it and many other details about your membership can be downloaded from within our online 
Member Centre from 12th July onwards.

Please note that Overseas Visitor Covers and most temporary Australian residents (i.e. on working visas) are not eligible for this rebate.

Understanding your health insurance tax statement.

The following important information is included in your statement:

This confirms the financial year applicable for this statement. Any payments made after the “statement date” will be included in the next financial year’s statement.

This is the amount you may be able to claim, at label G in section T5 on your tax return (section 36 in the short tax return), if you do not receive the Federal Government rebate on private health insurance as a premium reduction. This amount will show “$0.00” if you have already claimed the rebate as a premium reduction for the full year. 

This is the total amount of contributions paid to HIF for your membership, including rebate contributions. 

This is the amount of contributions paid to HIF by you or your employer for your membership. 

This is the amount of rebate received from the Federal Government as a premium reduction.

This is the maximum amount of rebate you will be entitled to claim for the 2011-2012 financial year. 

This is the health fund ID required at label B in the private health insurance policy details section of your tax return. 

This is your HIF membership number required at label C in the private health insurance policy section of your tax return. 

This field shows the ‘highest’ level of cover held during the financial year, and will show one of the following:
     C = Combined Hospital and General Treatment (Options) cover.
     H = Hospital cover.
     A = General Treatment (Options) cover.
The letter shown (C, H or A) is required at label F in the private health insurance policy section of your tax return. 

If you have hospital cover with an “excess”, this is the maximum annual “front end deductable” payment you will make if you and anyone else on you cover requires hospital treatment.

This is the highest level of rebate applied to your membership during the financial year.

This is the number of days you held an appropriate level of private patient hospital cover during 2011/12 required for label A in section M2 – Medicare Levy Surcharge in your tax return (section 41 in short tax return).  

This is the number of days your membership provided General Treatment (HIF Options) cover.

For further tax information...

Please contact the Australian Tax Office (ATO) on 13 28 61, visit the ATO website or speak to your tax accountant. You can also browse our website for more information on the Federal Government Rebate,  Lifetime Health Cover age loading or the Medicare Levy Surcharge

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