A New Tax System (Medicare Levy Surcharge-Fringe Benefits) Amendment (Excess Levels for Private Health Insurance Policies) Bill 2018 [2018] AUSStaCSBSD 99 (9 May 2018)

• Chapter 1
• Commentary on Bills
• A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Amendment (Excess Levels for Private Health Insurance Policies) Bill 2018

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Chapter 1

Commentary on Bills

1.1 The committee seeks a response or further information from the relevant minister or sponsor of the bill with respect to the following bills.

A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Amendment (Excess Levels for Private Health Insurance Policies) Bill 2018

Purpose	This bill seeks to amend the A New Tax System (Medicare Levy Surcharge–Fringe Benefits) Act 1999 to: • provide that the maximum voluntary excess level a policy can have to exempt the holder from the Medicare levy surcharge is set out in the Private Health Insurance Act 2007; and • remove grandfathering provisions in relation to certain health insurance policies
Portfolio	Health
Introduced	House of Representatives on 28 March 2018

The committee has no comment on this bill.