Document ID: chunk:federal_register_of_legislation:C2015A00087:clause:1_64
Version: federal_register_of_legislation:C2015A00087
Segment Type: clause
Provision Reference: sch 1 cl 64
Character Range: 27693–28648

64  After section 131‑15
Insert:

131‑20  Risk equalisation jurisdictions
 (1) An area is a risk equalisation jurisdiction if the Private Health Insurance (Health Benefits Fund Policy) Rules so provide.
 (2) The Private Health Insurance (Health Benefits Fund Policy) Rules may specify circumstances in which a private health insurer may (despite subsection 23(2) of the Private Health Insurance (Prudential Supervision) Act 2015) have more than one *health benefits fund in respect of a particular *risk equalisation jurisdiction.

131‑25  Operation of health‑related businesses through health benefits funds
  If a private health insurer has a *health benefits fund in respect of its *health insurance business and some or all of its *health‑related businesses, the insurer must comply with any requirements specified in the Private Health Insurance (Health Benefits Fund Policy) Rules relating to how the health‑related businesses are to be conducted.