Document ID: chunk:federal_register_of_legislation:F2023L00636:front:0:p3
Version: federal_register_of_legislation:F2023L00636
Segment Type: other
Provision Reference: 
Character Range: 5511–8577

the report is provided, the report for the year for which the report is provided must state whether the auditor has examined the issues identified and is satisfied that the private health insurer has taken the appropriate steps to rectify the matters raised in the previous report.

14.         The auditor's report must:

(a)          state details of the program adopted to carry out the audit; and

(b)          include the name of, and be signed by, the auditor who takes responsibility for the accuracy of the report.

Authorisation

15.         A person who submits the information required under this Reporting Standard must be suitably authorised by an officer of the private health insurer.

Variations

16.         APRA may, in writing, vary the reporting requirements of this Reporting Standard in relation to a private health insurer.

Interpretation

17.         In this Reporting Standard:

       (a)          unless the contrary intention appears, words and expressions have the meanings given to them in HPS 001; and

       (b)          the following definitions are applicable:

APRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998;

capital standards means the prudential standards which relate to capital adequacy as defined in HPS 001;

       non-significant financial institution has the same meaning as in HPS 001;

       officer has the same meaning as in the Act;

       private health insurer has the same meaning as in the Act;

       reporting period means a period mentioned in paragraph 6 or, if applicable, paragraph 7;

       significant financial institution has the same meaning as in HPS 001; and

the Act means the Private Health Insurance (Prudential Supervision) Act 2015.

18.         Unless the contrary intention appears, a reference to an Act, Prudential Standard, Reporting Standard, Australian Accounting or Auditing Standard is a reference to the instrument as in force from time to time.

Reporting Standard HRS 104.0

Forecasts and Targets

General instructions

Reporting tables

Tables described in this reporting standard list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided.

Any specific combination of values in a table must not appear on more than one row in that table when reported.

Definitions

Terms highlighted in bold italics indicate that the definition is provided in these instructions.

C
Capital base                                   Capital base is defined in Prudential Standard HPS 112 Determination of Capital Base.
Capital transfers in / out of the fund amount  This is the amount expected to be transferred to/from parent entity and to/from other health benefits funds or general funds per Reporting Standard HRS 101.0 Regulatory Income Statement – Supplementary Information (HRS 101.0).