Budget threat to private health rebate for wealthy families

Article excerpt:

THE rich are facing higher private health costs and the potential loss of lucrative superannuation tax breaks under tough but risky Budget reforms. Desperate to find billions of dollars in savings, the Budget razor gang wants to cut the costs of the $3.5 billion private health insurance rebate. The Government is considering several options, including an income means test to stop wealthy families from receiving the 30 per cent rebate.

... Nearly 10 million Australians have taken up private health insurance, ensuring any changes would be politically risky. But senior ministers believe they can sell Budget reforms if they target high income earners over $150,000.

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