You might be owed money by Medicare! Discover if you're eligible for a share of the $200 million in unclaimed rebates
- Replies 12
Are you aware that there is currently $200 million in unclaimed Medicare rebates waiting for Australians?
Yes, you read that right! Many Aussies haven't updated their bank account details, leaving this substantial sum unclaimed.
In a recent interview on Sunrise, Services Australia General Manager Hank Jongen confirmed this surprising fact.
He even mentioned how a relative of his was owed $600 leading up to Christmas. As soon as they updated their details, the cash was deposited into their account.
So, if you want to ensure you're not missing out on any rebates you're rightfully entitled to, make sure your bank details with Medicare are up-to-date.
As Jongen suggests, 'Right now, there's $200 million of outstanding Medicare rebates owing to people that we simply can't pay because we don't have their bank account details.'
But don't worry; checking and updating bank account details is easy! You can do this through the myGov website or the Medicare app. As Hank reassures, 'I promise it will only take a few minutes.'
Once your details are updated, Services Australia will automatically identify if money is owed to you. Generally, you can expect payment within three days.
So, don't leave that money on the table. Check your bank details and claim the rebates you deserve!
If you need to update your bank account details for Medicare payments, you can do so using your Medicare online account or the Express Plus Medicare mobile app. Follow these steps:
Step 1: Sign in
To get started, sign in to your myGov account and select the Medicare option. If you're using a computer, go to myGov.gov.au and sign in. If you're using the app, open it and enter your myGov PIN.
Once you're signed in, select View and edit my details from the My details menu.
Step 2: Change your bank details
Your current bank details will be displayed on the page. If you need to make changes, select Edit next to Bank details.
Enter your updated account name, BSB, and account number, then select Save bank details.
(Keep in mind that any changes you make will only apply to your Medicare payments, not those of other people listed on your Medicare card.)
The platform will confirm your account number once your details have been saved. Double-check to ensure that the changes are correct before selecting Close.
Step 3: Sign out
After you've updated your bank details, you can complete other transactions or return to your myGov account by selecting Return to myGov from the homepage.
Remember to sign out of your myGov account to ensure your privacy and security.
Starting March 20, millions of Australians are set to receive a financial boost to keep up with the ever-increasing cost of living. In an effort to combat the challenging economic climate, the government has announced a significant increase in payments for single pensioners, disability pensioners, and carers.
The move will see an extra $37.50 added to each fortnightly payment for single pensioners, while couples will receive an additional $56.40 per fortnight. This increase will bring their payments to $1,064 and $1,604, respectively.
The announcement comes as part of the government's twice-yearly indexation program, ensuring that pensions and allowance payments remain in line with inflation. This latest increase will offer a lifeline to those in need, helping them to cover the rising costs of essential goods and services.
To learn more about this significant development, please refer to our comprehensive report, accessible through this link.
You read it here, members! This is your sign to take a few minutes today to check if you’re owed money and if you’re eligible to receive your share of the $200 million windfall.
And don’t forget to spread the word - share this article with your friends and family to make sure they get their share of the unclaimed rebates too!
We hope you found this article helpful. Remember, at Seniors Discount Club, we're always on the lookout for ways to help our community make the most of their hard-earned money. Stay tuned with us for further updates and news that could benefit you and your fellow seniors.
Yes, you read that right! Many Aussies haven't updated their bank account details, leaving this substantial sum unclaimed.
In a recent interview on Sunrise, Services Australia General Manager Hank Jongen confirmed this surprising fact.
He even mentioned how a relative of his was owed $600 leading up to Christmas. As soon as they updated their details, the cash was deposited into their account.
If you want to ensure you're not missing out on any rebates you're rightfully entitled to, make sure your bank details with Medicare are up-to-date. Credit: Unsplash/NCI.
So, if you want to ensure you're not missing out on any rebates you're rightfully entitled to, make sure your bank details with Medicare are up-to-date.
As Jongen suggests, 'Right now, there's $200 million of outstanding Medicare rebates owing to people that we simply can't pay because we don't have their bank account details.'
But don't worry; checking and updating bank account details is easy! You can do this through the myGov website or the Medicare app. As Hank reassures, 'I promise it will only take a few minutes.'
Once your details are updated, Services Australia will automatically identify if money is owed to you. Generally, you can expect payment within three days.
So, don't leave that money on the table. Check your bank details and claim the rebates you deserve!
Once your details are updated, Services Australia will automatically identify if money is owed to you. Credit: NordWood Themes.
If you need to update your bank account details for Medicare payments, you can do so using your Medicare online account or the Express Plus Medicare mobile app. Follow these steps:
Step 1: Sign in
To get started, sign in to your myGov account and select the Medicare option. If you're using a computer, go to myGov.gov.au and sign in. If you're using the app, open it and enter your myGov PIN.
Once you're signed in, select View and edit my details from the My details menu.
Step 2: Change your bank details
Your current bank details will be displayed on the page. If you need to make changes, select Edit next to Bank details.
Enter your updated account name, BSB, and account number, then select Save bank details.
(Keep in mind that any changes you make will only apply to your Medicare payments, not those of other people listed on your Medicare card.)
The platform will confirm your account number once your details have been saved. Double-check to ensure that the changes are correct before selecting Close.
Step 3: Sign out
After you've updated your bank details, you can complete other transactions or return to your myGov account by selecting Return to myGov from the homepage.
Remember to sign out of your myGov account to ensure your privacy and security.
Starting March 20, millions of Australians are set to receive a financial boost to keep up with the ever-increasing cost of living. In an effort to combat the challenging economic climate, the government has announced a significant increase in payments for single pensioners, disability pensioners, and carers.
The move will see an extra $37.50 added to each fortnightly payment for single pensioners, while couples will receive an additional $56.40 per fortnight. This increase will bring their payments to $1,064 and $1,604, respectively.
The announcement comes as part of the government's twice-yearly indexation program, ensuring that pensions and allowance payments remain in line with inflation. This latest increase will offer a lifeline to those in need, helping them to cover the rising costs of essential goods and services.
To learn more about this significant development, please refer to our comprehensive report, accessible through this link.
You read it here, members! This is your sign to take a few minutes today to check if you’re owed money and if you’re eligible to receive your share of the $200 million windfall.
And don’t forget to spread the word - share this article with your friends and family to make sure they get their share of the unclaimed rebates too!
We hope you found this article helpful. Remember, at Seniors Discount Club, we're always on the lookout for ways to help our community make the most of their hard-earned money. Stay tuned with us for further updates and news that could benefit you and your fellow seniors.
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