Private Health Insurance (Council Administration Levy) Amendment Rule 2012 (No. 1) (Cth)

Private Health Insurance (Council Administration Levy) Amendment Rule 2012 (No. 1)1

Private Health Insurance (Council Administration Levy) Act 2003

I, Tanya Plibersek, Minister for Health, make the following rule under section 9A of the Private Health Insurance (Council Administration Levy) Act 2003.

Dated 20 June 2012

Tanya Plibersek

Minister for Health

1Name of rule

This rule is the Private Health Insurance (Council Administration Levy) Amendment Rule 2012 (No. 1) .

2Commencement

This rule commences on 1 July 2012.

3Amendment of Private Health Insurance (Council Administration Levy) Rules 2007

Schedule 1 amends the Private Health Insurance (Council Administration Levy) Rules 2007.

Schedule 1Amendments

(section 3)

[1]Subrule 5 (1)

omit

1. (1)

   For

insert

For

[2]Paragraphs 5 (1) (a) and (b)

omit

calculated

insert

worked out

[3]Rule 5, note

omit

calculate

insert

work out

[4]Rules 6 and 7

substitute

6Rate for a single policy

1. (1)

   The rate for a single policy for each quarter of a financial year mentioned in column 2 of the following table is the amount in cents worked out using the formula in column 3 of the table.

Item	Financial year	Formula
1	2012–2013	155 650 000
		single coverage policies + (2 Í joint coverage policies)
2	2013–2014	155 175 000
		single coverage policies + (2 Í joint coverage policies)
3	2014–2015	155 475 000
		single coverage policies + (2 Í joint coverage policies)
4	2015–2016	155 775 000
		single coverage policies + (2 Í joint coverage policies)

1. (2)

   However, if the rate worked out 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.

2. (3)

   In this rule:

single coverage policies means the aggregate number of single policies on issue from all private health insurers on the census day.

joint coverage policies means the aggregate number of all joint policies on issue from all private health insurers on the census day.

7Rate for a joint policy

1. (1)

   The rate for a joint policy for each quarter of a financial year mentioned in column 2 of the following table is the amount in cents worked out using the formula in column 3 of the table.

Item	Financial year	Formula
1	2012–2013	2 Í	155 650 000
			single coverage policies + (2 Í joint coverage policies)
2	2013–2014	2 Í	155 175 000
			single coverage policies + (2 Í joint coverage policies)
3	2014–2015	2 Í	155 475 000
			single coverage policies + (2 Í joint coverage policies)
4	2015–2016	2 Í	155 775 000
			single coverage policies + (2 Í joint coverage policies)

1. (2)

   However, if the rate worked out for a joint policy on issue from an insurer is more than $1 for the quarter, the rate for the policy is $1.

2. (3)

   In this rule:

single coverage policies means the aggregate number of single policies on issue from all private health insurers on the census day.

joint coverage policies means the aggregate number of all joint policies on issue from all private health insurers on the census day.

Note

1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003