Yes. Many private health insurers allow for some refund for psychology services; however no two are the same. We advise you to check with your specific provider to see what your policy allows.
Please note that you cannot use your private health insurance in conjunction with claiming a Medicare rebate. However you may use your ten (10) allocated Medicare rebates firstly and then access your private health insurance. Australian Government regulations do not allow the use of both programs at the same time.