Commonwealth Numbered Regulations - Explanatory Statements

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PRIVATE HEALTH INSURANCE INCENTIVES AMENDMENT REGULATIONS 2000 (NO. 1) 2000 NO. 107

STATUTORY RULES 2000 NO. 107

Issued by authority of the Minister for Health and Aged Care

Private Health Insurance Incentives Act 1998

Private Health Insurance Incentives Amendment Regulations 2000 (No. 1)

Section 19-40 of the Private Health Insurance Incentives Act 1998 (the Act) provides that the Governor-General may make Regulations prescribing matters required or permitted by the Act to be prescribed or necessary or convenient to be prescribed for carrying out or giving effect to the Act

Paragraph MA-1(1)(b) of the Act provides for conditions of participation in the premiums reduction scheme to be prescribed in Regulations. Under the premiums reduction scheme health funds can deliver the Government's 30% rebate on private health insurance as a reduced premium.

Paragraph 4(1)(a) of the Private Health Insurance Incentives Regulations 1998 (the Principal Regulations) requires health funds, as a condition of participation in the premiums reduction scheme, to issue to each participating contributor, on or before 15 July of each year, an annual written statement setting out the amount of the premium paid and the amount of the reduction under the premiums reduction scheme for the previous financial year.

Regulation 6(a) and 6(b) of the Principal Regulations specifies that this statement must not include, be included with, or accompany other information that does not relate specifically to the Federal Government 30% Rebate on private health insurance.

The purpose of the regulations is to allow information for the purposes of Lifetime Health Cover to be included on or with a statement issued under paragraph 4(1)(a) of the Principal Regulations.

Details of the Regulations are as follows:

Regulation 1 provides that the Regulations may be cited as the Private Health Insurance Incentives Amendment Regulations 2000 (No.

Regulation 2 provides that the Regulations commence on 1 July 2000.

Regulation 3 provides that the Private Health Insurance Incentives Regulations 1 998 are amended by Schedule 1.

Item 1 of Schedule 1 amends paragraph 6(a) to provide that a statement issued under paragraph 4(1)(a) of the regulations can include, or be included with, information for the purposes of Lifetime Health Cover as provided by subregulation 10(5) of the National Health (Lifetime Health Cover) Regulations 2000 (the Lifetime Health Cover regulations).

Item 2 of Schedule 1 amends paragraph 6(b) to provide that a statement issued under paragraph 4(1)(a) of the regulations can accompany information for the purposes of Lifetime Health Cover as provided by subregulation 10(5) of the Lifetime Health Cover regulations.