For older people with low incomes, what is true about PHI rebates?

• A. Older adults with low incomes receive no PHI rebate.
• B. PHI rebates for older adults are fixed regardless of income.
• C. Those aged 65 and older who often have lower incomes receive a greater PHI rebate from the government.
• D. PHI rebates are determined by health status.

Answer: (C)

PHI rebates are a government concession on private health insurance premiums that is means-tested and age-adjusted. The rebate percentage depends on income, with lower-income individuals eligible for a higher rebate, and older Australians often having lower incomes after retirement. Because of this, those aged 65 and older who tend to have lower incomes typically receive a larger PHI rebate from the government to help with their premiums. The rebate isn’t fixed by income alone and isn’t determined by health status; it’s driven by income level and age-related factors.