Private Health Insurance Act 2007

CHAPTER 2 - INCENTIVES  

PART 2-2 - PREMIUMS REDUCTION SCHEME  

Division 22 - PHIIB, PHII benefit and related concepts  

Subdivision 22-A - PHIIB, PHII benefit and related concepts  

SECTION 22-5   MEANING OF PHIIB  
Adults insured under policy

22-5(1)    
Each ^[*]

To find definitions of asterisked terms, see the Dictionary in Schedule 1 .

adult insured under the ^[*]

To find definitions of asterisked terms, see the Dictionary in Schedule 1 .

complying health insurance policy throughout the premium period is a PHIIB , in respect of the premium or amount.

Note:

PHIIB is short for private health insurance incentive beneficiary .

Dependent person-only policies

22-5(2)    
Subsections (3) and (4) apply if the only persons insured under the ^[*]

To find definitions of asterisked terms, see the Dictionary in Schedule 1 .

complying health insurance policy throughout the premium period are one or more ^[*]

To find definitions of asterisked terms, see the Dictionary in Schedule 1 .

dependent persons.

22-5(3)    
Each person who is a parent (within the meaning of Part 2.11 of the Social Security Act 1991 ) in relation to one or more of those ^[*]

To find definitions of asterisked terms, see the Dictionary in Schedule 1 .

dependent persons on the last day of the financial year mentioned in section 22-1 is a PHIIB , in respect of the premium or amount.

22-5(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 ^[*]

To find definitions of asterisked terms, see the Dictionary in Schedule 1 .

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 ^[*]

To find definitions of asterisked terms, see the Dictionary in Schedule 1 .

dependent person.