Financial Stability - You May Not Be Eligible for the Age Pension

You May NOT Be Eligible for the Age Pension, But Do You Qualify for the Commonwealth Seniors Health Card?

To be eligible, you need to meet all the following conditions. You must:

Income Test

To meet the income test, from 20 September 2021, you must earn no more than the following:

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


With a CSHC you may get benefits such as:

Other benefits

Your state or territory government and local council may lower any of these expenses:

To ascertain your eligibility, consider an initial general appointment with Financial Stability, who will explain the various requirements, to establish if you are eligible.

Contact us on 03 9383 1112 for an appointment.  (Zoom appointments also available).

Sonia Turkovic of Financial Stability is an Authorised Representative of Count Financial Ltd ABN 19 001 974 625 AFSL No. 227232 which is 85% owned by CountPlus Limited ABN 111 26 990 832 (CountPlus) of Level 8, 1 Chifley Square, Sydney 2000 NSW and 15% owned by Count Member Firm Pty Ltd ACN 633 983 490 of Level 8, 1 Chifley Square, Sydney 2000 NSW. CountPlus is listed on the Australian Stock Exchange. Count Member Firm Pty Ltd is owned by Count Member Firm DT Pty Ltd ACN 633 956 073 which holds the assets under a discretionary trust for certain beneficiaries including potentially some corporate authorised representatives of Count Financial Ltd. The information on this web page is not advice and is intended to provide general information only. It does not take into account your individual needs, objectives or personal circumstances.
Benefits available for CSHC holders CSHC holders have access to medicines listed on the Pharmaceutical Benefits Scheme (PBS) at the concessional rate. CSHC holders pay a maximum of $6.60 for each medicine listed on the PBS. For medicines listed on the PBS, visit the website: Pharmaceutical Benefits Scheme (PBS) – A-Z medicine listing. When a CSHC holder reaches the PBS safety net threshold ($316.80 for CSHC holders), their medicine will be free for the remainder of the calendar year. CSHC holders are entitled to the lower concessional Extended Medicare Safety Net (EMSN) threshold for out-of-hospital medical expenses. Out-of-pocket costs count towards this threshold throughout the calendar year. When a CSHC holder reaches the concessional EMSN threshold ($697.00 for CSHC holders), they are entitled to be refunded the lower of 80% of the out-of-pocket costs or the EMSN benefit cap for that medical item. For EMSN benefit caps, visit the website: Department of Health – Extended Medicare Safety Net (EMSN) benefit caps. CSHC holders can receive bulk-billed doctor visits, however, this is at the discretion of the doctor. Doctors receive higher payments from Medicare if they treat a CSHC holder, therefore some practices which do not bulk bill for a general patient may bulk bill for a CSHC holder. CSHC holders receive discounts for stamps and mail redirection from Australia Post.

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