Skip to content
PREV PAGE How to get a refund of my OSHC

Tax time

The below information is for the 2018/2019 financial year and applicable to Australian residents only. You can access statements and information for previous years by logging in to your nib account.

This is the last year that we’ll send your end-of-financial-year Private Health Insurance Statement directly to you. Your statements will still be available in your nib account (or by contacting us) but, if you do your tax online or through an accountant, this information will be pre-filled on your return.

From 5 July 2019, log in to your nib account to download your 2018/2019 Private Health Insurance Tax Statement.

What do I do with my statement?

If you do your tax online or through an accountant, you don’t need to do anything! We are required to send details of your private health insurance policy off to the ATO, so when you go to do your tax online or through an accountant, your private health insurance rebate details will automatically be uploaded for you.

If you choose to do your tax using a tax pack, you'll need your Private Health Insurance Statement. For help on what sections you’ll need your statement for, visit the ATO website.

Regardless of how you complete your tax return, your nib statement is like any other financial record and it’s important to keep it safe.

What does my statement include?

Your Private Health Insurance Statement outlines:

  • The premiums you have paid to nib during the financial year that are eligible for the Australian Government Rebate
  • The amount of rebate you received during the financial year

If you are the policyholder, your statement will outline the details of any other adults who were on your policy at any point during the financial year. These individuals will be listed as "Other adult beneficiaries". If you were covered on someone else's policy (your partner's, for example) your statement will also show their details.

The statement also tells you the number of days you had an appropriate level of Private Patient Hospital cover during the financial year (refer to label A on your statement). This will help you see if you have to pay an extra Medicare Levy Surcharge.

When will my statement arrive?

We can produce your Private Health Insurance Statement for this year after the financial year ends on 30 June.

Statements will be distributed via mail and email from 5 July. Your Private Health Insurance Statement will also be available to download from your member account from this date.

How can I get another copy of my statement?

You can access a copy of your Private Health Insurance Statement from your nib account.

What do I do if my statement is incorrect?

If you think that your statement may contain incorrect or out of date information, please contact us.

What if I didn’t have Hospital cover for the full year?

If you didn't have an appropriate level of Private Patient Hospital cover throughout the financial year, your Tax Agent will calculate the extra Medicare Levy amount for you.

I received a Lifetime Health Cover Statement as well, what do I do with this?

If you had nib Hospital cover during the financial year and a Lifetime Health Cover loading was applied to your policy, nib will send you a Lifetime Health Cover (LHC) Annual Statement along with your Private Health Insurance Statement. Your LHC Statement shows the adults covered by nib Hospital cover during the statement period, as well as any LHC premium loadings and/or periods of absence (any days without hospital cover) that may apply. This statement is for your information only and no action is required - it's just for your records.

More information

If you have any tax related questions about your Private Health Insurance Statement, please contact the Australian Taxation Office on 13 28 61 or visit the ATO website.

Continue to the next page

Related articles

6 things everyone can claim on their tax… but probably don't

Do I have to pay the Medicare levy surcharge at tax time?

Why does nib send me a tax statement?