Private Health Insurance Act 2007
The principle of community rating in section 55-5 does not: (a) prevent a private health insurer from closing a [*]
To find definitions of asterisked terms, see the Dictionary in Schedule 1 .
complying health insurance product, such that the [*]To find definitions of asterisked terms, see the Dictionary in Schedule 1 .
product will not be available to anyone except those persons, who at the time of closing, are insured under a policy forming part of the product; or (b) prevent a private health insurer from terminating a complying health insurance product or a [*]To find definitions of asterisked terms, see the Dictionary in Schedule 1 .
product subgroup of a complying health insurance product, such that:
(i) in the case of a product - the product will not be available to any person insured under a policy forming part of the product; and
(ii) in the case of a product subgroup - the product subgroup will not be available to any person insured under a policy that belongs to the product subgroup.
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