Private Health Insurance Act 2007

CHAPTER 2 - INCENTIVES  

PART 2-3 - LIFETIME HEALTH COVER  

Division 37 - Exceptions to the general rules about lifetime health cover  

SECTION 37-20   JOINT HOSPITAL COVER  

37-20(1)    
If:

(a)    more than one ^[*]

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

adult is covered under the same ^[*]

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

hospital cover; and

(b)    the amount of premiums payable for the cover in respect of at least one of those adults is increased under this Part;

the amount of the premiums payable for the cover in respect of all of the adults is increased.

37-20(2)    
The amount of the increase in the premiums payable for the cover is worked out by:

(a)    dividing the ^[*]

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

base rate for the cover by the number of ^[*]

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

adults it covers; and

(b)    using that rate to work out for each adult what the amount of the increase for that adult (if any) would be; and

(c)    adding together the results of paragraph (b).