Document ID: chunk:federal_register_of_legislation:C2025C00097:section:6:p3
Version: federal_register_of_legislation:C2025C00097
Segment Type: section
Provision Reference: s 6 (pt 3/6)
Character Range: 24858–27289

the premium or amount.
 (4) However, the person who pays the premium or amount is the only PHIIB, in respect of the premium or amount, if:
 (a) disregarding this subsection, more than one person would be a *PHIIB in respect of the premium or amount because of subsection (3); and
 (b) those persons are not married to each other (within the meaning of the A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999) at the end of the financial year; and
 (c) the person who pays the premium or amount is not a *dependent person.

22‑10  Meaning of PHII benefit
  The amount of the PHII benefit, in respect of the premium or amount, is:
 (a) if there is only one *PHIIB in respect of the premium or amount—the PHIIB's *share of the PHII benefit in respect of the premium or amount; or
 (b) if there is more than one PHIIB in respect of the premium or amount—the sum of each of those PHIIB's share of the PHII benefit in respect of the premium or amount.
Note: PHII benefit is short for private health insurance incentive benefit.

22‑15  Meaning of share of the PHII benefit—single PHIIB
 (1) If there is only one *PHIIB in respect of the premium or amount, the amount of the *PHIIB's share of the PHII benefit, in respect of the premium or amount, is the sum of:
 (a) 30% of the amount of the premium, or of the amount in respect of a premium, paid or payable in respect of days in the premium period on which no person insured under the policy was aged 65 years or over; and
 (b) 35% of the amount of the premium, or of the amount in respect of a premium, paid or payable in respect of days in the premium period on which:
 (i) at least one person insured under the policy was aged 65 years or over; and
 (ii) no person insured under the policy was aged 70 years or over; and
 (c) 40% of the amount of the premium, or of the amount in respect of a premium, paid or payable in respect of days in the premium period on which at least one person insured under the policy was aged 70 years or over.

Private health insurance tiers
 (2) Reduce the amount of each percentage specified in subsection (1) (as affected by subsection (5A)) by 10 percentage points if the *PHIIB is a *tier 1 earner for the financial year mentioned in section 22‑1.
 (3) Reduce the amount of each percentage specified in subsection (1) (as affected by subsection (5A)) by 20 percentage points if the *PHIIB is a *tier 2 earner for the financial year