And if you haven’t been eligible for a CSHC in the past, last years changes to the eligibility requirements mean it might be time to have another look.

What is the card, am I eligible, and how will it benefit me?

The CSHC is available to retirees who miss out on the age pension because of the income test thresholds, yet still satisfy the income thresholds for the CSHC, which are higher.

In the October 2022 budget, the Albanese Government committed to increase the income threshold for the CSHC. Singles earning up to $90,000 are now eligible for a card, up from $61,284. The threshold for couples has jumped from $92,416 to $144,000 (combined), and $180,000 a year for couples separated by illness, respite care or prison. Seniors can add $639.60 to these amounts for each child in their care. There is no assets test for the CSHC. 

The card provides cheaper medicines, it encourages doctors to bulk bill Medicare visits for cardholders, and provides refunds of medical expenses beyond what’s covered by Medicare. 

Other benefits of the CSHC may include discounts on electricity and gas bills, property and water rates, health care costs, including ambulance, dental and eye care, and public transport fares.

It’s well worth checking to see if you’re eligible for the CSHC now that the income thresholds have increased. An advisor from TelstraSuper Financial Planning can help you determine your eligibility for a range of government assistance, including the CSHC. To speak to an Advisor call 1300 033 166 or request a call.