Document ID: chunk:federal_register_of_legislation:F2024C01011:reg:40
Version: federal_register_of_legislation:F2024C01011
Segment Type: reg
Provision Reference: reg 40
Character Range: 43607–45521

40  Amount of subsidy for procedural general practitioner practising in rural area
 (1) The amount of a subsidy payable to a medical indemnity insurer on behalf of a medical practitioner (the subsidised practitioner) who is an eligible medical practitioner for a premium period because the practitioner is a procedural general practitioner practising in a rural area in a State or Territory throughout the period is 75% of the difference between:
 (a) the amount of the premium, excluding any risk surcharge, attributable to the period for the contract of insurance providing professional indemnity cover for the subsidised practitioner; and
 (b) the lowest amount of premium, excluding any risk surcharge, attributable to the period for a contract of insurance with the insurer providing professional indemnity cover for a general practitioner who:
 (i) is not a procedural general practitioner for the period; and
 (ii) is practising in the State or Territory; and
 (iii) has private practice income for the period in the same range (as determined by the insurer) as the subsidised practitioner.

Adjustment for non‑therapeutic cosmetic procedures
 (2) If the subsidised practitioner performs procedures covered by subsection (3) and the subsidised practitioner's premium attributable to the period is greater than it would be if the practitioner did not perform those procedures, the practitioner's premium attributable to the period is taken for the purposes of paragraph (1)(a) to be what it would be if the practitioner did not perform those procedures.
 (3) This subsection covers a procedure that:
 (a) is cosmetic in nature; and
 (b) is not a medical service described in the general medical services table under the Health Insurance Act 1973; and
 (c) is not a health service specified in a determination under subsection 3C(1) of that Act.

Subdivision B—Practitioners with substantial insurance costs