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INCOME TAX ASSESSMENT (1997 ACT) REGULATIONS 2021 (F2021L00206) - REG 61.220.01

Private health insurer to provide annual statement to PHIIB if requested

             (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.



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