Document ID: chunk:federal_register_of_legislation:F2020C00284:body:0:p3
Version: federal_register_of_legislation:F2020C00284
Segment Type: other
Provision Reference: 
Character Range: 5479–8269

subgroup offered by every private health insurer, weighted according to the number of people covered under complying health insurance policies in each product subgroup, expressed as a factor to 4 decimal places (rounding up where the fifth decimal place is 5 or more).

6. Registration as a participant
For the purposes of paragraph 23-15 (1) (c) of the Act, the requirements for a person applying to a private health insurer to become a participant in the premiums reduction scheme are:
(a) the person is an individual; and
(b) the person is applying in respect of a complying health insurance policy under which each person covered by the policy is an eligible person.

               Note: Division 23 provides for reductions in premiums paid by a person to an insurer.  The insurer may claim reimbursement of such reductions under Division 279.

8. Conditions of participation
(1) For the purposes of paragraph 206-1 (1) (b) of the Act, the following conditions are specified as conditions of participation in the premiums reduction scheme:
(a) if a participant in respect of a complying health insurance policy on issue from the insurer during any time in the previous financial year requests the following information from a participating insurer:
(i) the amount of the premium paid for the policy during the previous financial year;
(ii) the reduction, under the premiums reduction scheme, for the premium;
the participating insurer must issue to the participant a statement in accordance with rule 9;
(b) before the participating insurer increases the amount of the premium, the insurer must issue to each participant affected by the increase written notice of:
(i) the amount of the premium; and
(ii) the increase in the amount of the premium; and
(iii) the date when the increase takes effect; and
(iv) the fact that the dollar value of the reduction under the Australian Government Rebate on private health insurance has increased; and
(v) the new amount of the reduction; and
(vi) the new amount of the premium; and
(c) the insurer must use the phrase "Australian Government Rebate on private health insurance" or the Rebate logo in:
(i) advertisements for the Australian Government Rebate on private health insurance; and
(ii) statements under paragraph (a); and
(iii) written notices under paragraph (b); and
(iv) forms that are given in relation to the premiums reduction scheme; and
(v) correspondence relating to the premiums reduction scheme.
(d) notwithstanding paragraph (c), for any items listed under subparagraphs (i) to (v), an insurer may use any material containing the phrase 'Federal Government 30% Rebate' or the 30% Rebate logo until one year after the date of commencement of these Rules.

          Note: Rule 10 sets out the details of the Rebate logo.

9.