The Premium Support Scheme (PSS) is an Australian Government initiative that helps eligible medical practitioners with the costs of their medical indemnity insurance. MIPS administers the scheme on behalf of Medicare Australia. Eligible doctors who receive a PSS subsidy see it as a reduction in the total membership fee payable. Eligibility for the PSS includes:
- medical practitioners whose gross medical indemnity costs exceed 7.5% of estimated gross income from private billings; or
- procedural general practitioners in a rural area; or
- medical practitioners practising in the public sector only and their membership fee includes run-off cover for previous private practice.
To access your eligibility for a PSS subsidy, complete the Premium Support Scheme Application
PSS details will be outlined in your Member Benefit Statement.
PSS subsidy obligations
If you are advanced a PSS subsidy, it is a Medicare Australia mandatory requirement that you complete and return to MIPS a Final Determination form verifying your “actual gross private medical income” within 12 months of the completion of the subsidy period. If you do not return this form by the due date, you will be requested to repay the full amount of PSS subsidy advanced to you.
Further information regarding the PSS is available from the Department of Health and Ageing website
Insurance cover is subject to the terms, conditions and exclusions of the policy. This information is not intended to be advice and you should not rely on it as a substitute for any form of advice. Should you wish to obtain further information about products offered by MIPS, you can review our Member Handbook Combined PDS and FSG or contact MIPS on 1800 061 113. Information is current as at the date published.
