Self-funded retirees act now – don’t miss out on final $750 stimulus payment

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Over the last month, National Seniors Australia has publicly gone to bat for older Australians, alerting them to the fact they may be eligible for a Commonwealth Seniors Health Card (CSHC) and not realise it.

For those who are still unsure or unaware, The CSHC is for self-funded retirees who do not receive the pension and are not eligible for the Pensioner Concession Card.

The CSHC gives you:

  • access to cheaper medicine under the Pharmaceutical Benefits Scheme,
  • the chance to be bulk billed by a GP (at their discretion),
  • a bigger refund on medical costs when you reach the Medicare Safety Net, and
  • access to some state and territory concessions

If you are an eligible cardholder and you apply by the 10th of July – next Friday – you will also be paid the government’s final $750 economic stimulus payment.

To find out if you are eligible, you will need to head to Service Australia’s website here.

If you apply and Services Australia notifies you that your payment won’t be assessed or approved until after 10 July, you will still receive the $750 payment.

To put it simply: If you have lodged a claim for the CSHC by or on 10 July 2020, and the claim is subsequently granted from a date on or before that date, you will receive the payment.

If you already have a CSHC and would like information on how to claim a payment online, find out more here.

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