Document ID: chunk:federal_register_of_legislation:F2015L01055:body:0:p1
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Financial Sector (Collection of Data) (reporting standard) determination No. 34 of 2015

Reporting Standard HRS 604.0 Medical Specialty Block Grouping Information

Financial Sector (Collection of Data) Act 2001

I, Ian Laughlin, delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act) DETERMINE Reporting Standard HRS 604.0 Medical Specialty Block Grouping Information, in the form set out in the Schedule, which applies to the financial sector entities to the extent provided in paragraph 3 of the reporting standard.

Under section 15 of the Act, I DECLARE that the reporting standard shall begin to apply to those financial sector entities on the day that the Private Health Insurance (Prudential Supervision) Act 2015 commences.

This instrument commences on the day that the Private Health Insurance (Prudential Supervision) Act 2015 commences.

Dated: 26 June 2015

[Signed]

Ian Laughlin
Deputy Chairman

Interpretation
In this Determination:

APRA means the Australian Prudential Regulation Authority.

financial sector entity has the meaning given by section 5 of the Act.
Schedule

Reporting Standard HRS 604.0 Medical Specialty Block Grouping Information comprises the 5 pages commencing on the following page.

Reporting Standard HRS 604.0

Medical Specialty Block Grouping Information

Objective of this Reporting Standard
This Reporting Standard sets out the requirements for the provision of information to APRA allowing for the publication of aggregate statistics on medical services by State and Territory.
It includes Form HRF 604.0 Medical Specialty Block Grouping Information and associated specific instructions.

Authority

     1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.

Purpose

    2.             Information collected under this Reporting Standard, as set out in Form HRF 604.0 Medical Specialty Block Grouping Information (HRF 604.0), is used for the purposes of assisting the Department of Health in performing its functions and for publication by APRA.

Application and commencement

    3.             This Reporting Standard applies to all private health insurers.

    4.             This Reporting Standard applies for reporting periods ending on or after 1 July 2015.

Information required

    5.             A private health insurer must provide APRA with the information required by HRF 604.0in respect of each reporting period.

    6.             The information required by this Reporting Standard, as set out in HRF 604.0, must be provided for each health benefits fund of the private health insurer.

Forms and method of submission

    7.             The information required by this Reporting Standard must be lodged as electronic data via the PHIAC Extranet, or an alternate method notified by APRA and a method notified by APRA, in writing, prior to submission.

Reporting periods and due dates

    8.             A private health insurer to which this Reporting Standard applies must provide the information required by this Reporting Standard in respect of each