(1) If, during a financial year, a PHIIB insured during an earlier financial year under a complying health insurance policy by a private health insurer (within the meaning of the Private Health Insurance Act 2007 ) requests a statement about that policy for that earlier year, the private health insurer must provide a statement in accordance with this section.
Note: For complying health insurance policy and PHIIB , see subsection 995-1(1) of the Act.
(2) The statement must be in the approved form, and provided to the PHIIB within 14 days after the day the request is received.
Note: For approved form , see subsection 995-1(1) of the Act.
(3) The statement may include information in relation to the following:
(a) the complying health insurance policy held by the PHIIB and payments made under the policy;
(b) the premium, or amounts in respect of the premium, paid during the earlier financial year in relation to the policy;
(c) any reductions of the premium payable, or an amount payable, during the earlier financial year.