Private Health Insurance Act 2007

Ch 4 heading substituted by No 87 of 2015, s 3 and Sch 1 item 54, effective 1 July 2015. For transitional provisions, see note under s 3-15 . The heading formerly read:

CHAPTER 4 - PRIVATE HEALTH INSURERS

Pt 4-5 heading substituted by No 87 of 2015, s 3 and Sch 1 item 66, effective 1 July 2015. For transitional provisions, see note under s 3-15 . The heading formerly read:

PART 4-5 - OTHER OBLIGATIONS OF PRIVATE HEALTH INSURERS

S 157-1 substituted by No 87 of 2015, s 3 and Sch 1 item 67, effective 1 July 2015. For transitional provisions, see note under s 3-15 . S 157-1 formerly read:

SECTION 157-1 WHAT THIS PART IS ABOUT  
157-1

In addition to the obligations about health benefits funds, private health insurers have several other obligations relating to the conduct of their businesses. These include the following:

(a) having appointed actuaries;

(b) complying with prudential standards;

(c) exclusion of disqualified persons from management;

(d) reporting and notification obligations.