CBHS Corporate Health Insurance at Tax Time
At the end of each financial year, CBHS Corporate Health creates a tax statement and a membership summary for each main member and partner* who has held private health insurance cover or paid a premium during the last financial year.
The tax statement will include details of each adult’s share of the premiums paid to CBHS Corporate Health during the last financial year as well as the amount of Australian Government Private Health Insurance Rebate received. Your tax statement will assist you or your tax agent to complete your tax return.
The membership summary includes details of any Lifetime Health Cover (LHC) loading and/or days without hospital cover for LHC purposes.
You will also receive a Standard Information Statement which provides a summary of your private health insurance cover and lists key features of your policy including certain restrictions. It is a legal requirement that we send a Standard Information Statement to you once a year.
Tax statements, membership summary and Standard Information Statements will be available online by 14 July 2018. If you haven’t already registered for the online Member Centre or to retrieve your password, please visit www.cbhscorporatehealth.com.au/log-in.
* All adults who are not a dependent child under the Private Health Insurance Act 2007, who are covered by a private health insurance policy are known as private health insurance incentive beneficiaries (PHIIBs).