Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A person may apply to a private health insurer, in the * approved form, to become a * participant in the * premiums reduction scheme in respect of a * complying health insurance policy issued by the insurer if:
(a) the insurer is a * participating insurer; and
(b) the person is a * PHIIB in respect of a premium paid or payable under the policy; and
(c) the person meets any requirements specified in the Private Health Insurance (Incentives) Rules for the purposes of this paragraph.
(2) A private health insurer that receives an application under subsection (1) must notify the Chief Executive Medicare of the application, in the * approved form, no more than 14 days (or any other period determined by the Chief Executive Medicare) after receiving the application.
(3) If notified of an application and satisfied that paragraphs (1)(a), (b) and (c) apply, the Chief Executive Medicare must register the applicant as a * participant in respect of the policy.
(4) The Chief Executive Medicare must notify the private health insurer that issued the policy if the Chief Executive Medicare registers a person as a * participant in the * premiums reduction scheme in respect of the policy.