Australian Government rebate definition

Australian Government rebate means the private health insurance rebate that helps reduce the cost of health insurance. The rebate you are entitled to depends on your income and age and is indexed annually by the Australian Government.
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Examples of Australian Government rebate in a sentence

  • Notwithstanding there was no actual change to the Your premiums eligible for Australian Government rebate, as the sum of the two rounded absolute value changes is $1126, updated details for the whole policy must be reported to the ATO in an amendment data file.

  • In this example, there are eight amounts of $249.27 in the Your premiums eligible for Australian Government rebate column which are subject to a Benefit code of 30 – total $1,994.16.

  • If you do not provide Information requested of you to HBF, we may be unable to provide you with private health insurance cover, pay you benefits, assess or waive lifetime health cover loading or apply an entitlement to the Australian Government rebate on private health insurance as a premium reduction.

  • Your share of Australian Government rebate received C Tax claim code.

  • A summary of Ben’s financials for the 2017–18 financial year with ABC Health is as follows: Date fund received payment Period of cover provided by payment (Premium Period) No. of days in Premium Period Your premiums paid in the financial year Your Australian Government rebate received Your premiums eligible for Australian Government rebate PHIIB/s Totals $1,476.96 $517.20 $1,994.16 Rounding is to occur at the last point before amounts are reported.

  • Discounts and LHCL - Applying formula to calculate premiums eligible for rebateThe amount to report in the Your premiums eligible for Australian Government rebate field, in relation to a particular premium period, can be worked out by applying the following formula: Where:A = Base product premium rate in relation to any period of cover prior to 1 July 2013 i.e. Including any LHCL that is added on but before any Australian Government rebate and before any discounts are taken off.

  • For example, the Australian National Audit Office (2010) reports that Australian Government rebate schemes (SHCP and the RRPGP) were introduced with minimal stakeholder consultation and were not assessed through formal policy processes by government agencies.

  • Small scale solar subsidies and feed-in-tariffs Australian governments have introduced a number of subsidies for small scale solar systems including Australian Government rebate programs and State and Territory government FiT schemes.

  • This amount is net of any discount amount applicable to the policy cost for the relevant premium period and:excludes any LHCL amount that relates to cover for any period post 30 June 2013, but includesany Australian Government rebate amount received by the health fund for the relevant premium period, andany LHCL amount that relates to cover for any period pre 1 July 2013.

  • If there is a change to the PHIIB’s benefit code and/or the PHIIB’s policy role during a premium period, the PHIIB’s share of the premiums eligible for Australian Government rebate must be apportioned accordingly and reported in separate Individual statement data records.

Related to Australian Government rebate

  • Foreign government means any jurisdiction other than the one embraced within the United States, its territories, and its possessions.

  • government procurement means the process by which a government obtains the use of or acquires goods or services, or any combination thereof, for governmental purposes and not with a view to commercial sale or resale, or use in the production or supply of goods or services for commercial sale or resale;

  • Provincial Government means the Government of a Province of Pakistan;

  • Contracting Government means any of the Governments of the Commonwealth, New South Wales, Victoria, South Australia and of any other State becoming a party pursuant to clause 134.

  • European Government Obligations means direct obligations of, or obligations guaranteed by, a member state of the European Union, and the payment for which such member state of the European Union pledges its full faith and credit.

  • Central Government means the Government of India;

  • Local Government Act means the Local Government Act, R.S.B.C. 2015, c. 1, as amended, replaced, restated, or re-enacted from time to time;

  • Host Government means a Government with which UNICEF has a programme of development cooperation, and includes a Government of a country in which UNICEF provides humanitarian assistance.

  • Government of Venezuela means the government of any political subdivision of Venezuela, and any agency or instrumentality of the government of Venezuela.

  • Foreign Government Obligations means, with respect to Securities of any Series that are denominated in a Foreign Currency, direct obligations of, or obligations guaranteed by, the government that issued or caused to be issued such currency for the payment of which obligations its full faith and credit is pledged and which are not callable or redeemable at the option of the issuer thereof.

  • Local government means a unit of government in a State and, if chartered, established, or otherwise recognized by a State for the performance of a governmental duty, including a local public authority, a special district, an intrastate district, a council of governments, a sponsor group representative organization, and any other instrumentality of a local government.

  • Foreign Government Obligation means with respect to Securities of any series which are not denominated in the currency of the United States of America (x) any security which is (i) a direct obligation of the government which issued or caused to be issued the currency in which such security is denominated and for the payment of which obligations its full faith and credit is pledged or, with respect to Securities of any series which are denominated in euros, a direct obligation of any member nation of the European Union for the payment of which obligation the full faith and credit of the respective nation is pledged so long as such nation has a credit rating at least equal to that of the highest rated member nation of the European Economic Area, or (ii) an obligation of a Person controlled or supervised by and acting as an agency or instrumentality of a government specified in clause (i) above the payment of which is unconditionally guaranteed as a full faith and credit obligation by the such government, which, in either case (i) or (ii), is not callable or redeemable at the option of the issuer thereof, and (y) any depositary receipt issued by a bank (as defined in Section 3(a)(2) of the Securities Act) as custodian with respect to any Foreign Government Obligation which is specified in clause (x) above and held by such bank for the account of the holder of such depositary receipt, or with respect to any specific payment of principal of or interest on any Foreign Government Obligation which is so specified and held, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depositary receipt from any amount received by the custodian in respect of the Foreign Government Obligation or the specific payment of principal or interest evidenced by such depositary receipt.

  • Central Government Body means a body listed in one of the following sub-categories of the Central Government classification of the Public Sector Classification Guide, as published and amended from time to time by the Office for National Statistics: Government Department; Non-Departmental Public Body or Assembly Sponsored Public Body (advisory, executive, or tribunal); Non-Ministerial Department; or Executive Agency;

  • Tribal government means an Indian tribal government as defined in section 3(32) of the employee retirement income security act of 1974, as amended, or an agency or instrumentality of the tribal government, that has government offices principally located in this state.

  • Available government assistance means any governmental rental or housing payment benefits available to the individual or any household member.

  • Certified local government means a historic preservation program established by county or municipal ordinance that is certified by the Secretary of the Interior pursuant to 36 CFR Part 61, the implementing regulations for the National Historic Preservation Act of 1966, as amended.

  • Loss of Government property means unintended, unforeseen or accidental loss, damage or destruction to Government property that reduces the Government’s expected economic benefits of the property. Loss of Government property does not include purposeful destructive testing, obsolescence, normal wear and tear or manufacturing defects. Loss of Government property includes, but is not limited to—

  • Unit of local government means unit of local government as defined by section 115(5).

  • Federal Government means the Federal Government of Islamic Republic of Pakistan.

  • Government record or "record" means any paper, written or

  • Municipal Government Act means the Municipal Government Act, RSA 2000, c M-26;

  • Local unit of government means a county, township, city, or village.

  • Government of Canada Yield on any date means the yield to maturity on such date (assuming semi-annual compounding) of a Canadian dollar denominated non-callable Government of Canada bond with a term to maturity of five years as quoted as of 10:00 a.m. (Toronto time) on such date and which appears on the Bloomberg Screen GCAN5YR Page on such date; provided that, if such rate does not appear on the Bloomberg Screen GCAN5YR Page on such date, the Government of Canada Yield will mean the average of the yields determined by two registered Canadian investment dealers selected by the Corporation, as being the yield to maturity on such date (assuming semi-annual compounding) which a Canadian dollar denominated non-callable Government of Canada bond would carry if issued in Canadian dollars at 100% of its principal amount on such date with a term to maturity of five years.

  • Reference Government Bond Dealer means each of five banks selected by the Issuer, or their affiliates, which are (A) primary government securities dealers, and their respective successors, or (B) market makers in pricing corporate bond issues;

  • Level of Government means the national and county level of government;