Pensioners Could Bear Half the Cost of Labor’s Private Health Rebate Cuts, PBO Finds
Monique Ryan says half of the $3 billion dollars in savings from scrapping private health insurance rebates for over-65s will be paid by pensioners.
TL;DR
- MP Monique Ryan plans to move an amendment to protect pensioners from losing private health insurance rebates.
- A commissioned Parliamentary Budget Office (PBO) analysis suggests pensioners could pay about half the savings from the budget measure.
- Ryan stated these cuts will disproportionately affect those least able to afford them, like age pension recipients.
- Pensioners who have paid taxes and maintained private health insurance will face the brunt of the government's changes.