With the July school holidays just around the corner, parents around the country will be preparing themselves by trying to find ways to keep the kids entertained.
But the kids aren't the only ones that have to be organised for those first weeks of July – families will also need to be aware of changes to their health cover policies.
Higher income households as well as sole parents will be affected when the federal government begins means testing its 30 per cent private health insurance rebate on July 1.
The three-tier system means that parents earning between $194,001 and $260,000 will have their rebate cut to just 10 per cent, while those with an income over $260,001 will have the rebate removed completely.
However, sole parents can breathe a sigh of relief – their incomes will be classed under the family threshold, rather than the single income earners threshold.
This means that not only will single parents earning less than $168,000 per year continue to receive the full 30 per cent rebate on their premiums, but they will also be eligible for threshold increases of $1,500 per dependent child after the first.