Which one is for you? When it comes to saving money in retirement, it’s fair to say that discount and concession cards can make a huge difference. The difficulty is that there are so many different types of cards for retirees that it becomes confusing as to...
CSHC Eligibility Update During the recent Federal Election campaign both the Liberal National Party Coalition and the Labor Party promised to widen the eligibility of the Commonwealth Seniors Health Card (CSHC). The increased thresholds will allow an extra...
Big win for 50,000 retirees In a surprise announcement last week, Prime Minister Scott Morrison shared an expansion of the Commonwealth Seniors Health Card (CSHC) for 50,000 self-funded retirees over the next four years. This will be done by increasing...
Many people associate Centrelink with Age Pension needs and payments. But it is also the agency which issues and manages the Commonwealth Seniors Health Card (CSHC). Another little known fact is that only 20% of those who might be eligible for this card...
If you think that your health care costs are rising faster than ever, sadly, you’re right. There’s a lot of complexity attached to health care costs so it can be difficult to understand exactly what is causing your medical bills to rise so sharply. Last week...
As we’ve reported previously, about one third of Australians are self-funded in retirement. It is largely for this cohort that a Commonwealth Seniors Health Card (CSHC) was introduced, helping those who will not receive an Age Pension to similar...
Concession Cards are the icing on the cake when it comes to retirement income. The rate of a full Age Pension has been measured as subsistence level, not much more, according to the Australian Council of Social Services (ACOSS). Many part Age Pensioners also...
Can you access this "gold" savings card? The Commonwealth Seniors Health Card is often considered the gold standard of concession cards. It was first introduced in 1994 in order to give low income retirees who didn’t qualify for the Age Pension access to ...
The Commonwealth Seniors Health Card (CSHC) is one of the main concession cards issued to Australian retirees who do not qualify for the Age Pension and whose income is below the current thresholds. In order to qualify for the CSHC, you must be an Australian...