Document ID: chunk:federal_register_of_legislation:F2023L00723:front:0:p16
Version: federal_register_of_legislation:F2023L00723
Segment Type: other
Provision Reference: 
Character Range: 48511–50121

11(1)(e) of the Private Health Insurance (Risk Equalisation Policy) Rules 2015 or its replacement, and under the following conditions:
                                         * over the period up to the reporting date;
                                         * where the risk equalisation levy has accrued but has not yet been paid; and
                                         * where an invoice, notice or receipt from APRA has not yet been received by the private health insurer, for that period.

Unbilled gross deficit amount       Unbilled gross deficit means the sum of the eligible benefits notionally allocated to the aged-based pool and the high cost claimants pool, calculated for each risk equalisation jurisdiction, in accordance with Part 2, rule 11(1)(a) of the Private Health Insurance (Risk Equalisation Policy) Rules 2015 and under the following conditions:
                                         * over the period up to the reporting date;
                                         * where the risk equalisation levy has accrued but has not yet been paid; and
                                         * where an invoice, notice or receipt from APRA has not yet been received by the private health insurer, for that period.

Specific instructions

Table 1: Insurance Risk Charge - Health-Related Insurance Business Accrued Premium

Reporting basis

This table applies to health benefits funds and the general fund.

Units of measurement

Report values in whole Australian dollars.

   Name                                                      Valid values                Description