PHI 43/15

This circular issued by the Private Health Insurance Branch contains information about the Private Health Insurance Amendment Act 2015

Page last updated: 06 July 2015

Printable version of 43/15 (PDF 389 KB)

6 July 2015

Private Health Insurance Amendment Act 2015

As part of the 2014-15 Budget: Smaller Government - additional reductions in the number of Australian Government bodies, it was announced that the statutory agency of the Office of the Private Health Insurance Ombudsman would be merged into the Office of the Commonwealth Ombudsman from 1 July 2015. The Private Health Insurance Amendment Act 2015 (Amendment Act) gives effect to this transition by amending the Private Health Insurance Act 2007 (PHI Act).

The Amendment Act received Royal Assent on 26 May 2015.

The Amendment Act also removes a number of references to a ‘base premium’ from the PHI Act which unintentionally remained within the PHI Act following a delay in the granting of Royal Assent to the Private Health Insurance Legislation Amendment Act 2014. The removal of remaining references to the concept of a base premium will not affect how the premiums reduction scheme is applied for insurers and relevant policy holders.

A link to the Amendment Act is on the ComLaw website.

NB: Please note that information contained within this circular is provided as a courtesy notification only. It is the responsibility of industry members to ensure they are operating in compliance with the Private Health Insurance Act 2007 and all other relevant Commonwealth legislation.

If you require further information please telephone: (02) 6289 9853/24 hr answering machine or email the enquiry to Private Health Insurance Branch.

For more information visit 2015 Private Health Insurance (PHI) Circulars.

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