House of Representatives

A New Tax System (Medicare Levy Surcharge-Fringe Benefits) Amendment (Excess Levels for Private Health Insurance Policies) Bill 2018

Medicare Levy Amendment (Excess Levels for Private Health Insurance Policies) Bill 2018

Private Health Insurance Legislation Amendment Bill 2018

Private Health Insurance Legislation Amendment Act 2018

Explanatory Memorandum

(Circulated by authority of the Minister for Health, the Honourable Greg Hunt MP)

Statement of Compatibility with Human Rights - Medicare Levy Amendment (Excess Levels for Private Health Insurance Policies) Bill 2018

Prepared in accordance with Part 3 of the Human Rights (Parliamentary Scrutiny) Act 2011

Medicare Levy Amendment (Excess Levels for Private Health Insurance Policies) Bill 2018

Medicare Levy Amendment (Excess Levels for Private Health Insurance Policies) Bill 2018 (the Bill) is compatible with the human rights and freedoms recognised or declared in the international instruments listed in section 3 of the Human Rights (Parliamentary Scrutiny) Act 2011.

Overview of the Bill

This Bill is part of a package of three bills each containing necessary amendments relevant to implementing reforms relating to increased maximum voluntary excess levels for private hospital cover.

This Bill deals solely with taxation-related aspects of this reform and amends the A New Tax System (Medicare Levy Surcharge-Fringe Benefits) Act 1999. The amendments ensure that individuals purchasing private health insurance products with increased maximum voluntary excess levels will be eligible for the Medicare Levy Surcharge exemption.

Conclusion

This Bill is compatible with human rights as it does not raise any human rights issues.


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