Understanding your tax statement

This is the information used to complete the private health insurance section of your tax return.

If you’re doing your tax online, or via an accountant, the information in your statement is already pre-filled by the ATO, so you don’t need to worry about the statement. Handy!

On your tax return

B Your Health Insurer ID

HEA – that’s us! You’ll know us better as health.com.au.

C Policy Number

A bit like your driver license number, this is your very own identifier for your health cover.

J Your premiums eligible for the Australian Government Rebate

This refers to the proportion of the premiums we received for your cover that’s eligible for the Australian Government rebate on private health insurance. Keep in mind that if you’re paying a Lifetime Health Cover loading or the receipted date of your premiums was around the end of financial year, then this may not match the actual amount you paid to us between 1 July 2018 and 30 June 2019.The premium amount eligible for rebate is shared between the adults on the cover.

K Your Australian Government rebate received

This is the rebate we received from the Australian Government on your behalf. The rebate amount is based on the age of the oldest person on the cover and the rebate percentage you told us to claim for you based on your income.The rebate amount is shared between the adults that were covered on the cover.

L Benefit code

This shows your level of rebate based on the age of the oldest person covered by the cover. The benefit code doesn’t take into consideration your annual income.

A Number of days

This is to do with the Medicare Levy Surcharge. Everyone who pays tax pays a Medicare Levy each year. You’re only liable for the Medicare Levy Surcharge if you earn more than $90,000 annually as a single or $180,000 as a family, and for the days you didn’t have hospital cover. If this number is 365, you’re in the clear! Learn more here.