Private Health Insurance Act 2007

CHAPTER 4 - HEALTH INSURANCE BUSINESS, HEALTH BENEFITS FUNDS AND MISCELLANEOUS OBLIGATIONS OF PRIVATE HEALTH INSURERS  

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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

PART 4-4 - HEALTH BENEFITS FUNDS  

Division 131 - Health benefits funds  

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Div 131 heading substituted by No 87 of 2015, s 3 and Sch 1 item 61, effective 1 July 2015. For transitional provisions, see note under s 3-15 . The heading formerly read:

Division 131 - Introduction

SECTION 131-20   RISK EQUALISATION JURISDICTIONS  

131-20(1)    
An area is a risk equalisation jurisdiction if the Private Health Insurance (Health Benefits Fund Policy) Rules so provide.

131-20(2)    
The Private Health Insurance (Health Benefits Fund Policy) Rules may specify circumstances in which a private health insurer may (despite subsection 23(2) of the Private Health Insurance (Prudential Supervision) Act 2015 ) have more than one ^[*]

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

health benefits fund in respect of a particular ^[*]

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

risk equalisation jurisdiction.

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History

S 131-20 inserted by No 87 of 2015, s 3 and Sch 1 item 64, effective 1 July 2015. For transitional provisions, see note under s 3-15 .

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