Private Health Insurance Act 2007
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participant must notify (the withdrawal notice ) the private health insurer that issued the policy in respect of which a person is a participant if the person no longer wishes to be registered in respect of the policy.23-30(2)
A private health insurer must notify the Chief Executive Medicare of each withdrawal notice that the insurer receives under subsection (1) .
23-30(2A)
A notice given by the private health insurer under subsection (2) must: (a) be given no more than 7 business days (or any other period determined by the Chief Executive Medicare under subsection (4) ) after the withdrawal notice is received by the private health insurer; and (b) be given electronically in accordance with the electronic system approved by the Chief Executive Medicare under section 333-16 for the purposes of this paragraph; and (c) include the information required by that system to be included in the notice; and (d) be accompanied by any documents required by that system to accompany the notice.
23-30(3)
If notified under subsection (2) , the Chief Executive Medicare must revoke the person ' s registration in respect of the policy.
Note:
A revocation under this subsection is able to be automated by a computer program: see section 333-17 .
23-30(4)
The Chief Executive Medicare may, by legislative instrument, determine a different period for the purposes of paragraph (2A)(a) .
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