If you are over Age Pension Age but do not qualify for any payments and are an Australian resident living in Australia you may qualify for the Commonwealth Seniors Health Card

To pass the income test, you must earn no more than:

  • $55,808 a year if you’re single
  • $89,290 a year for couples
  • $111,616 a year for couples separated by illness, respite care or prison.

Add $639.60 to these amounts for each child in your care.

There is no assets test. 

How they work out your deemed income

If you’re single:

The first $51,800 of your financial assets has the deemed rate of 1% applied. Anything over $51,800 is deemed to earn 3%.

If you’re a member of a couple and neither of you get a pension:

The first $43,100 of each of your own and your share of joint financial assets has a deemed  income of 1% per year. Anything over $43,100 is deemed to earn 3%.

If your investment return is higher than the deemed rates, the extra amount doesn’t count as your income. 

A single person with less than $1.9m of financial assets and no other income sources could qualify for this concession card.  For a couple the threshold is $3m.

If you would like help in making an application please contact us.


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