Private Health Insurance Act 2007

Pt 2-2 heading substituted by No 105 of 2013, s 3 and Sch 2 item 3, effective 1 July 2013. The heading formerly read:

PART 2-2 - PREMIUMS REDUCTION AND INCENTIVE PAYMENTS SCHEMES

S 20-1 substituted by No 105 of 2013, s 3 and Sch 2 item 4, effective 1 July 2013. S 20-1 formerly read:

SECTION 20-1 WHAT THIS PART IS ABOUT  
20-1

To encourage people to take out, and continue to hold, private health insurance, this Part provides that people may either:

(a) reduce the premiums payable for their complying health insurance policies by participating in the premiums reduction scheme in Division 23; or
(b) receive a payment from the Commonwealth under Division 26 in partial reimbursement for a payment of premiums under a complying health insurance policy.

Note:

The premiums reduction scheme and the incentive payments scheme are complemented by the private health insurance offset provided for by Subdivision 61-G of the Income Tax Assessment Act 1997 .

S 20-1 amended by No 32 of 2007, s 3 and Sch 3 item 9D, by substituting " Subdivision 61-G " for " Subdivision 61-H " in the note, effective 1 July 2007.