Changes to the definition of a Dependent Person for Private Health Insurance Cover
Key Points:
From 1 April 2021, if you have dependent children under 18, dependent non-students under 32, or children with a disability (regardless of their age or marital status), they’re now considered a dependent person for private health insurance cover.
Full Article:
| From 1 April 2021, if you have dependent children under 18, dependent non-students under 32, or children with a disability (regardless of their age or marital status), they’re now considered a dependent person for private health insurance cover. A ‘dependent person’ is one of the following: a) a dependent child who is aged under 18 and does not have a partner b) a dependent non-student, who is all of the following: i. aged between 18 and 31 (inclusive) ii. not receiving full-time education at a school, college or university iii. a dependent non-student under the rules of the private health insurer that insures the person iv. does not have a partner A dependent person with a disability who is: a) aged 18 or over and may have a partner, and b) a person with a disability within the meaning of the expression person with a disability as defined by the Private Health Insurance (Complying Product) Rules, or c) a person with a disability within the meaning of the expression ‘person with a disability’ as defined by the rules of the private health insurer that insures the person. A dependent student who is all of the following: a) aged between 18 and 31 (inclusive) b) receiving full-time education at a school, college or university c) a dependent student under the rules of the private health insurer that insures the person d) does not have a partner. A dependent person is not income tested and their income does not count towards the income test for private health insurance rebate. Therefore, a dependent person on a private health insurance policy is not considered to have a share of the cost of the policy. Your private health insurer can advise you who is covered as a dependent person on your policy. If you have any questions or need advice and clarity specific to your business, feel free to contact Semmens & Co on 03 8320 0320 for a free consultation. |
