Are you eligible for a Premium Support Scheme subsidy?

The Premium Support Scheme (PSS) is an Australian government initiative designed to help medical practitioners with the cost of their medical indemnity insurance. Eligible doctors see the benefit of the PSS through reductions in the total amount payable for the subsidy period. MIPS administers the scheme on behalf of the government for eligible members. Medical practitioners may be eligible if:

  • their gross medical indemnity costs exceed 7.5% of their estimated gross income generated from private billings; or
  • they are a procedural general practitioner in a rural area (RRMAs 3-7); or
  • they previously applied and were deemed to be eligible for a subsidy under MISS (ie former MISS participant); or
  • they have retired from private practice ($0 private medical income for the full membership period), but continue to practice in the public sector and their medical indemnity costs include run-off cover for incidents relating to prior periods of private practice.

To assess whether you are eligible for the scheme you will need to complete a PSS application for each membership period. MIPS will submit the information provided to Medicare Australia on your behalf and if you are eligible for a subsidy, this will be stated on your Member Benefit Statement and will either be seen as a reduction in your total membership fee due or issued to you as a refund.

It is important to note that if you are advanced a PSS subsidy, you are obliged to complete a Final Determination/Statutory Declaration and declare your actual gross private medical income within 12 months of the end of the subsidy period. This may lead to an amendment to the level of subsidy you are eligible for, which may result in part or the entire subsidy being repaid or a subsidy increase. Failure to return the Final Determination/Statutory Declaration by the due date will require you to return the full subsidy advanced.

For more information, please visit the Department of Health website and refer to the PSS Frequently Asked Questions

Have an enquiry? Contact us.

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The materials provided are for educational purposes only. Whilst all reasonable care has been taken in preparing these materials, including the accuracy of the information supplied, MIPS does not accept any liability whatsoever arising out of the use or reliance of the information provided. Contact MIPS 24/7 Clinico-Legal Support 1800 061 113 or for specific advice.