Document ID: chunk:federal_register_of_legislation:F2019L00398:schedule:1:p17
Version: federal_register_of_legislation:F2019L00398
Segment Type: schedule
Provision Reference: sch 1 (pt 17/18)
Character Range: 46543–49257

who pays the premium, which was proposed for transfer, a statement of the outcome of the application.

Part 5 – Private health insurers to notify APRA about certain matters

17.                  Notification of current chief executive officer
For section 125 of the Act, a private health insurer must ensure that, if the name or contact details of its chief executive officer change, the change is notified, not more than 28 days after the change takes effect, to APRA, in the approved form.

    17A    Notification of changes in board membership or name and contact details of a director

For section 125 of the Act, a private health insurer must tell APRA about a change in board membership or a change in the name or contact details of a director:

    (a)          within 28 days after the change; and

    (b)          in the approved form by APRA.

    17B    Copies of reports to APRA

For section 124 of the Act, a private health insurer that makes a report to all or any of the policy holders of a health benefits fund conducted by the private health insurer, must, if requested by APRA, give a copy of the report to APRA.

Such a report must be given to APRA within 1 month after making the report, or within such further time as APRA allows.

Part 6- Publication of membership information

    18.        Publication of membership information

For the purposes of paragraph 167(1)(h) of the Act, APRA must publish the following information in relation to the membership of each private health insurer:

     (a)                the total number of policies of insurance underwritten during the financial year relating to:

        1.                 hospital treatment (hospital treatment policies); and

        2.                 general treatment (general treatment policies); and

     (b)               the number of people insured under the hospital treatment policies and the number of people insured under the general treatment policies;

     (c)                the average number of hospital treatment policies and general treatment policies in force during the financial year; and

     (d)               the average number of people covered by the hospital treatment policies and general treatment policies in force during the financial year.

Part 7 – Transition arrangements

19.                  Transition arrangements

Any approval, determination or other exercise of discretion by PHIAC under Part 1, Part 2, Part 3 or Part 4 of the Private Health Insurance (Health Benefits Fund Administration) Rules 2007 as they existed prior to 1 July 2015 will continue to have effect following 1 July 2015 as though exercised pursuant to a corresponding power under these Rules.