Nearly One Million Australians Eligible For $265 Medicare Boost: If you’ve ever visited a doctor or specialist and used your Medicare card, there’s a real chance the government owes you money. And we’re not talking about a few dollars — the average amount is $265, and in some cases, people have found over $10,000 sitting unclaimed in their Medicare accounts.
Yep, you read that right. As of 2024, nearly one million Aussies have missed out on refunds — all because their bank details with Medicare weren’t up to date.
But don’t worry — in this guide, we’ll walk you through exactly how to check if you’re owed money and how to claim it back. It’s surprisingly simple and only takes a few minutes.

Nearly One Million Australians Eligible For $265 Medicare Boost
Topic | Details |
---|---|
Unclaimed Funds | Over $260 million in Medicare refunds |
People Affected | Nearly 960,000 Australians |
Average Refund | $265 |
Some Refunds Worth | More than $10,000 |
Why It Happens | Outdated or missing bank account details |
How to Claim | Via myGov or Express Plus Medicare app |
Refund Time | Typically within 3 business days |
Official Site | Services Australia |
Every year, thousands of Australians unknowingly miss out on Medicare refunds—not because they aren’t eligible, but because their bank details are out-of-date.
This isn’t just a bureaucratic glitch; it’s your money, and claiming it could be as simple as logging into myGov and clicking a few buttons.
Whether you’re a busy parent, a recent graduate, a retiree, or just someone who hasn’t checked in a while—don’t leave money behind. That refund could help cover groceries, medical bills, or even just take the edge off your next power bill.
A few minutes today could lead to a meaningful financial boost. And while you’re at it, help someone else do the same—especially older family members who might not be comfortable with online tools.
The money is already yours. Now it’s just time to go get it.
So, What’s This Medicare Boost All About?
Think of it like this: whenever you go to a doctor and get part of the cost refunded by Medicare, that money is supposed to go straight into your bank account. But if you’ve changed banks, closed an account, or just never added those details to begin with — the refund gets “stuck.”
And it doesn’t disappear. It just sits there, waiting for you to claim it.
According to Services Australia, more than $260 million worth of these “stuck” refunds are just sitting in limbo.
Real-Life Examples: You’re Not Alone
Emma, a nurse from Perth, switched banks two years ago. “I assumed everything updated automatically,” she says. “When I finally checked my Medicare account, I had $643 just sitting there.”
Paul, a retiree in Brisbane, found over $1,200 in missed payments — money he used to cover bills and medications.
So, whether you’re 18 or 80, it’s worth checking.
How to Find Out If You’re Owed Money (Step-by-Step)
Step 1: Log into myGov 
- Go to the official myGov site
- Log in or create an account if you don’t already have one
Step 2: Link Medicare (If Not Already Linked)
- From the dashboard, click ‘Link a service’
- Choose Medicare
Step 3: Check Your Bank Account Details
- Click on ‘My Details’ > ‘Bank Account’
- Make sure your bank account number and BSB are current
- Update and save the information
Step 4: That’s It! Wait for Your Refund
- Any owed money should hit your account within a few business days
- Some people have reported refunds within 48 hours!
Prefer mobile? You can also do this through the Express Plus Medicare app.
“Did You Know?” Quick Medicare Facts
- More than 400 million claims are processed by Medicare every year
- Over $260 million in refunds are unclaimed right now
- Some people have had refunds dating back years
Who’s Most Likely to Miss Out?
Honestly, anyone can miss a refund. But these groups are especially at risk:
- Parents managing children’s Medicare accounts
- Older Australians who’ve changed banks or moved into aged care
- Uni students or young workers who’ve just opened their first account
- Frequent movers who’ve switched banks or addresses
Avoid Medicare Scams: Here’s What to Watch Out For
Scammers love to pretend they’re from the government. So remember:
- Services Australia will NEVER email or text you asking for bank details
- Don’t click on links in random messages
- Only use official websites and apps:
- https://my.gov.au
Handy Checklist
Here’s a quick rundown to help you (or a family member) get sorted:
- Log into your myGov account
- Link the Medicare service
- Check your bank account details
- Update if needed
- Wait for your refund
- Let others know (especially older family members!)
Let’s Put It In Perspective
Government Refund Type | Where to Claim | Refund Size | Deadline? |
---|---|---|---|
Medicare Refund | myGov / App | ~$265 avg. | No expiry |
Tax Refund | ATO / myTax | $2,000+ avg. | Oct 31 each year |
Unclaimed Super | myGov > ATO | Varies | No expiry |
Medicare refunds are one of the easiest wins—just check once, and you’re done.
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FAQs
1. How do I know if Medicare owes me money?
There’s no notification or alert—you have to check yourself. Log in to myGov, go to the Medicare section, and make sure your bank details are correct. If any rebates were missed, they’ll be paid out once your account is updated.
2. Is there a deadline for claiming Medicare refunds?
No, there’s currently no expiry date on unclaimed Medicare rebates. However, it’s best to update your details as soon as possible so any outstanding funds can be released quickly.
3. Can I check on behalf of a parent or child?
Yes, but you need to be listed as a nominee or authorized person on their Medicare account. If you’re a carer, guardian, or family member helping someone who can’t access myGov, contact Services Australia for assistance.
4. Can I still get a refund if I changed banks years ago?
Absolutely. As long as your Medicare claims were eligible and processed, any money that wasn’t deposited because of incorrect bank details is still there—just waiting for the correct account info.
5. Will this refund affect my Centrelink, tax return, or pension?
No, Medicare rebates are not taxable income and do not affect Centrelink payments, pensions, or ATO tax assessments. It’s simply money owed to you for eligible health services.
6. Is the myGov site safe for updating bank details?
Yes—myGov is a secure, government-run platform. Just make sure you’re on the official site: https://my.gov.au. Never click on suspicious links in text messages or emails claiming to be from Medicare or Services Australia.