Bupa Tax Statement Australia 2025: What It Is and How to Use It in Your Tax Return

Every year after 30 June, Bupa sends its members a private health insurance tax statement. It sounds straightforward, but many Australians aren't sure what to do with it, where to find it, or how it affects their tax return. This guide explains exactly what your Bupa tax statement contains, how to use it correctly when lodging your return, and how it connects to the government rebate and Medicare Levy Surcharge in FY 2025-26.

What Is a Bupa Tax Statement?

Your Bupa tax statement (sometimes called a private health insurance statement) is an official document Bupa is required by law to provide to every member at the end of each financial year. It summarises your private health insurance cover for the full financial year — from 1 July to 30 June — and is specifically designed to help you complete the private health insurance section of your Australian tax return.

The statement is not a bill. It's a record of what you paid and what government rebate was applied to your policy during the year. The ATO uses the information on this statement to verify your private health insurance details and to calculate whether you're entitled to any additional rebate — or whether you owe any rebate back.

What Information Does the Bupa Tax Statement Contain?

Your Bupa tax statement includes several key fields you'll need when completing your tax return. Here's what each one means:

The most important figures are the days of cover, benefit code, premiums paid, and government rebate received. These are the four pieces of information you'll enter directly into your tax return — either through myTax or your tax agent's software.

The Private Health Insurance Rebate: How It Works

Australia's Private Health Insurance Rebate is a government subsidy that reduces the cost of eligible private health insurance. Most Australians receive this rebate as a reduction in their monthly or annual premium — meaning Bupa charges you less because the government is contributing a portion. This is called taking the rebate "as a premium reduction".

Alternatively, you can choose to receive the rebate as a lump sum when you lodge your tax return. Either way, the ATO reconciles everything at tax time using the information from your Bupa tax statement.

The rebate percentage depends on your age and income. In FY 2025-26, the rebate is means-tested — it reduces as your income rises and phases out completely above the highest MLS threshold. Here's how the income tiers work for singles:

Note: Rebate percentages are indexed annually. Check ato.gov.au for the exact rates applicable to FY 2025-26.

If your income at tax time turns out to be higher than the tier you told Bupa at the start of the year (which determines how much rebate they applied to your premium), you may need to repay some rebate through your tax return. Conversely, if your income was lower, you may receive an additional rebate as a tax offset.

How to Use Your Bupa Tax Statement in Your Tax Return

Whether you're lodging your tax return through myTax (the ATO's online system), a tax agent, or third-party software, you'll need to complete the Private Health Insurance section. Here's how to do it step by step:

In some cases, myTax may automatically pre-fill your private health insurance details using data supplied by Bupa directly to the ATO. Always check that the pre-filled information matches your tax statement before submitting — do not assume it's correct without verifying.

Bupa Tax Statement and the Medicare Levy Surcharge

Your Bupa tax statement also plays a critical role in determining whether you're liable for the Medicare Levy Surcharge (MLS). The MLS is an extra tax — on top of the standard 2% Medicare Levy — that applies to higher earners who don't hold an eligible hospital cover policy for the full year.

In FY 2025-26, the MLS applies if your income exceeds $101,000 (single) and you don't have continuous hospital cover. The rates are:

• $101,001 – $118,000: 1.0% MLS
• $118,001 – $158,000: 1.25% MLS
• $158,001+: 1.5% MLS

Your Bupa tax statement — specifically the days of cover field — is what proves to the ATO that you held hospital cover and are therefore exempt from the MLS for those days. If you had cover for the full year, you won't owe any MLS. If you had a gap in cover (say, you switched from Bupa to another insurer and there was a break), you may owe MLS for those uncovered days.

Use our Medicare Levy Calculator to estimate whether the MLS applies to you, or our Take-Home Pay Calculator to see your full tax position including Medicare obligations.

What If You Haven't Received Your Bupa Tax Statement?

If July or August has passed and you still don't have your Bupa tax statement, here's what to do:

• Check your email spam/junk folder — Bupa sends statements electronically if you've opted in for digital communications
• Log in to the Bupa member portal at bupa.com.au and navigate to "My cover" → "Documents" or "Tax statement"
• Check myTax pre-fill — the ATO may already have your details from Bupa's direct reporting. Wait until late July before expecting pre-fill data to appear
• Call Bupa directly on 134 135 — they can resend your statement by email or post, or confirm the details over the phone
• Check your registered address — if you've moved recently and not updated your address with Bupa, your paper statement may have gone to the old address

Don't lodge your tax return without the correct private health insurance details — incorrect or missing information can lead to a wrong tax outcome, an ATO adjustment, or an unexpected bill.

Summary: Bupa Tax Statement Checklist

• Your Bupa tax statement arrives in July–August each year via email or post
• It contains your policy number, days of cover, benefit code, premiums paid, and rebate received
• Use it to complete the Private Health Insurance section in myTax or your tax agent's software
• If your income changed during the year, the ATO will recalculate your rebate entitlement — you may get money back or owe some rebate
• The days of cover field proves you had hospital cover and may exempt you from the Medicare Levy Surcharge
• If you can't find your statement, download it from the Bupa member portal or check myTax pre-fill

Getting your private health insurance details right in your tax return is just one part of understanding your overall tax position. Use our free calculators to see the full picture:

• Take-Home Pay Calculator — see your net pay after tax, Medicare, and super for FY 2025-26
• Medicare Levy Calculator — estimate your 2% levy and check if the Medicare Levy Surcharge applies to you
• Income Tax Calculator — understand your FY 2025-26 tax bracket and offsets like LITO
• Superannuation Calculator — project your super balance with current SGC rates
• HECS-HELP Calculator — estimate your study loan repayments for FY 2025-26
• Salary Sacrifice Calculator — see how salary sacrificing affects your taxable income and take-home pay