Private health insurance rebate frozen
Is your private health insurance getting more expensive every year? Part of the reason could be that the government has once again introduced legislation to freeze the private health income thresholds. While the government likes to blame the private health funds for hikes adding to the cost of living, the reality is that the income thresholds for the private health insurance incentive has not been indexed to keep pace with inflation since the 2014-15 income year, with the rebate percentage staying the same as the 2019-20 income year.
