Private Health Insurance Act 2007

CHAPTER 2 - INCENTIVES  

PART 2-4 - EXCESS LEVELS FOR MEDICARE LEVY AND MEDICARE LEVY SURCHARGE PURPOSES  

Division 45 - Excess levels for medicare levy and medicare levy surcharge purposes  

SECTION 45-1  

45-1   EXCESS LEVEL AMOUNTS  
For the purposes of the A New Tax System (Medicare Levy Surcharge - Fringe Benefits) Act 1999 and the Medicare Levy Act 1986 , any excess payable in respect of benefits under a ^[*]

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

complying health insurance policy that provides ^[*]

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

hospital cover must not be more than:

(a)    $750 in any 12 month period, in relation to a policy under which only one person is insured; and

(b)    $1,500 in any 12 month period, in relation to any other policy.