Private Health Insurance Act 2007
A private health insurer that proposes to change the premiums charged under a [*]
To find definitions of asterisked terms, see the Dictionary in Schedule 1 .
complying health insurance product must apply to the Minister for approval of the change: (a) in the [*]To find definitions of asterisked terms, see the Dictionary in Schedule 1 .
approved form; and (b) at least 60 days before the day on which the insurer proposes the change to take effect.66-10(2)
The application may propose different changes for policies in the [*]
To find definitions of asterisked terms, see the Dictionary in Schedule 1 .
product, but the proposed changed amount must be the same for each policy in the product that belongs to the same [*]To find definitions of asterisked terms, see the Dictionary in Schedule 1 .
product subgroup.66-10(3)
The Minister must, by written instrument, approve the proposed changed amount or amounts, unless the Minister is satisfied that a change that would increase the amount or amounts would be contrary to the public interest.
66-10(4)
If the Minister approves the proposed changed amount or amounts, the approval has effect: (a) from the day specified in the approval as the day the change takes effect; and (b) until replaced by another approval for the [*]
To find definitions of asterisked terms, see the Dictionary in Schedule 1 .
product under this section.66-10(6)
If the Minister refuses to approve the proposed changed amount or amounts, the Minister must table the Minister ' s reasons for refusal in each House of the Parliament no later than 15 sitting days of that House after the refusal.
66-10(7)
An instrument made under subsection (3) is not a legislative instrument.
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