Document ID: chunk:federal_register_of_legislation:C2025C00097:section:3:p4
Version: federal_register_of_legislation:C2025C00097
Segment Type: section
Provision Reference: s 3 (pt 4/18)
Character Range: 42876–45564

revocation occurs.

23‑40  Variation of registration
 (1) A private health insurer must notify the Chief Executive Medicare if the treatments *covered by a *complying health insurance policy, issued by the private health insurer and in respect of which a person is a *participant, are varied.
 (2) On receiving such a notice, the Chief Executive Medicare must vary the details of the registration accordingly and give notice of the variation to the private health insurer.

23‑45  Retention of applications by private health insurers
 (1) A private health insurer must retain an application made to it under subsection 23‑15(1) for the period of 5 years beginning on the day on which the application was made.
 (2) The private health insurer may retain the application in any form approved in writing by the Chief Executive Medicare.
 (3) An application retained in such a form must be received in all courts or tribunals as evidence as if it were the original.

Part 2‑3—Lifetime health cover

Division 31—Introduction

31‑1  What this Part is about
      People are encouraged to take out hospital cover by the time they turn 30. A person who is older than 30 when he or she takes out hospital cover for the first time, or who drops hospital cover for a period after having turned 30, may have to pay higher premiums for hospital cover. This scheme is known as lifetime health cover.

31‑5  Private Health Insurance (Lifetime Health Cover) Rules
  Matters relating to lifetime health cover are also dealt with in the Private Health Insurance (Lifetime Health Cover) Rules. The provisions of this Part indicate when a particular matter is or might be dealt with in these Rules.
Note: The Private Health Insurance (Lifetime Health Cover) Rules are made by the Minister under section 333‑20.

Division 34—General rules about lifetime health cover

34‑1  Increased premiums for person who is late in taking out hospital cover
 (1) A private health insurer must increase the amount of premiums payable for *hospital cover in respect of an *adult if the adult did not have hospital cover on his or her *lifetime health cover base day.
 (2) The amount of the increase is worked out as follows:

where:
base rate, for *hospital cover, is the amount of premiums that would be payable for the cover if:
 (a) the premiums were not increased under this Part; and
 (b) there was no discount of the kind allowed under subsection 66‑5(2).
lifetime health cover age, in relation to an *adult who takes out *hospital cover after his or her *lifetime health cover base day, means the adult's age on the 1 July before the day on which the adult took out the hospital cover.

34‑5  Increased premiums for