Private Health Insurance (Council Administration Levy) Rules 2007

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Get a Day Pass for only USD$19.99.
 
 
Private Health Insurance (Council Administration Levy) Rules 2007
I, ANTHONY JOHN ABBOTT, Minister for Health and Ageing, make these Rules under section 9A of the Private Health Insurance (Council Administration Levy) Act 2003.
Dated 30 March 2007
 
TONY ABBOTT
____________________________________
 
Minister for Health and Ageing
 
 
 
 
Contents
 
 
Part 1                   Preliminary                                                                                           3
1.           Name of Rules                                                                                        3
2.           Commencement                                                                                      3
3.           Definitions                                                                                               3
Part 2                   Council administration levy                                                                  4
4.           Council administration levy day                                                                 4
5.           Rate of Council administration levy                                                            4
6.           Rate for a single policy                                                                             4
7.           Rate for a joint policy                                                                               4
8.           Census day                                                                                            5
 
 
 
Part 1        Preliminary
1.                      Name of Rules
These Rules are the Private Health Insurance (Council Administration Levy) Rules 2007.
2.                      Commencement
These Rules commence:
(a)                    if the Rules are registered before Schedule 1 of the amendment Act commences―at the same time as Schedule 1 of the amendment Act commences; or
(b)                   if the Rules are registered on or after the day on which Schedule 1 of the amendment Act commences―on the date on which the Rules are registered,
whichever occurs first.
3.                      Definitions
Note:         Terms used in these Rules have the same meaning as in the Act―see section 13 of the Legislative Instruments Act 2003.  These terms include:
complying health insurance policy
Council administration levy
Council administration levy day
private health insurer
In these rules:
Act means the Private Health Insurance (Council Administration Levy) Act 2003.
amendment Act means the Private Health Insurance (Council Administration Levy) Amendment Act 2007.
census day means the day specified in rule 8.
health benefits fund has the same meaning as in the Private Health Insurance Act 2007.
joint policy means a policy under which two or more persons are insured.
quarter means the period of 3 months ending on the last day of March, June, September or December in a year.
policy means a complying health insurance policy.
single policy means a policy under which only one person is insured.

Part 2        Council administration levy
4.                      Council administration levy day
For paragraph 6 (1) (a) of the Act, the 28th day of the second month of each quarter in a financial year is specified as a council administration levy day for that financial year.
5.                      Rate of Council administration levy
(1)        For item 1 of the table in subsection 7 (1) of the Act:
(a)                    the rate of levy for each single policy on issue from the private health insurer on the census day is the rate calculated in accordance with rule 6; and
(b)                   the rate of levy for each joint policy on issue from the private health insurer on the census day is the rate calculated in accordance with rule 7.
Note:            Policy data held by the Private Health Insurance Administration Council will be used to calculate the number of single coverage policies and joint coverage policies.
6.                      Rate for a single policy
(1)        Subject to subrule (2), the rate for a single policy is the amount in cents calculated using the formula—
 
 
110,875,000

single coverage policies + (2 × joint coverage policies)

where:
single coverage policies is the aggregate number of single policies on issue from all private health insurers on the census day; and
joint coverage policies is the aggregate number of all joint policies on issue from all private health insurers on the census day.
(2)        If the rate calculated for a single policy on issue from an insurer is more than 50 cents for the quarter, the rate for the policy is 50 cents.
7.                      Rate for a joint policy
(1)        Subject to subrule (2), the amount for a joint policy is the amount in cents calculated using the formula—
 
2 x
110,875,000

single coverage policies + (2 × joint coverage policies)

 
where single coverage policy and joint coverage policy have the same meaning as in subrule 6(1).
(2)        If the rate calculated for a joint policy on issue from an insurer is more than $1 for the quarter, the rate for the policy is $1.
8.                      Census day
For subparagraph 7 (2) (a) (i) of the Act, the 28th day of the first month of a quarter is specified as the census day for the council administration levy day that occurs in that quarter.
Note
1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.frli.gov.au
 

Related Laws