When you retire you may wish to hold a concession card which can provide you with discounts on medicines, utilities, council rates and more.
Here are the top three, most popular, concession cards.
If you’re a self-funded retiree, you may be eligible for the Commonwealth Seniors Health Card (CSHC). Card holders are eligible for various discounts and concessions such as prescription medicines at concessional rates through the Pharmaceutical Benefits Scheme (PBS).
To be eligible for the CSHC, in addition to being age pension age and an Australian resident living in Australia, you must also:
There is no asset test for this card.
The low income health care card (LIHCC) may be available to you.
To be eligible for the LIHCC you must be:
The LIHCC is issued for 12 months and Centrelink will contact you towards the end of this 12-month period to remind you to renew your card.
You may be eligible for both the LIHCC and the CSHC. If you have a Pensioner Concession Card you are generally not eligible for the LIHCC or CSHC.
Social security pensioners (Age Pensioners, Disability Support Pension, Carers Pension and DVA service pensioners) will automatically receive a Pensioner Concession Card (PCC). Some long-term income support recipients who continuously receive a payment, such as the JobSeeker Payment, for at least 39 weeks and are over 60 may also receive a PCC.
Benefits – Across cards
Common benefits across cards include:
The concessions and benefits extend beyond medical expenses. Card holders can get discounts on utility bills, council rates, car registration as well as cash rebates on energy bills. These benefits can vary across cards and states.
Ad hoc benefits
Another benefit of holding the card is that you can become eligible for ad hoc Government stimulus measures or incentives. For example, as part of the Government’s COVID-19 Economic response, card holders received two lump sum payments of $750 in 2020.
Dependents can be added to the PCC and LIHCC to receive discounted benefits if they apply and are accepted separately.
For more information on state-based benefits of each card, please visit:
New South Wales