Private Health Insurance (Registration) Rules 2017 (No 2) (Cth)

Private Health Insurance (Registration) Rules 2017 (No 2) I, Pat Brennan, a delegate of APRA, under subsection 174(1) of the Private Health Insurance (Prudential Supervision) Act 2015 REVOKE Private Health Insurance (Registration) Rules 2017 and MAKE the Private Health Insurance (Registration) Rules 2017 (No 2).

These Rules commence on the day after registration on the Federal Register of Legislation.

Dated: 13 June 2017

[Signed]

Pat Brennan

Contents 1. Name of Rules 2. Revocation 3. Commencement 4. Application 5. Definitions 6. Criteria for registration 7. Description of groups who can be offered insurance products by restricted access insurers 8. Limits on insurance provided by restricted access insurers 9. Transition arrangements

1. Name of Rules These Rules are the Private Health Insurance (Registration) Rules 2017(No 2).

2. Revocation These Rules replace the Private Health Insurance (Registration) Rules 2017.

3. Commencement These Rules commence on the day after registration on the Federal Register of Legislation.

4. Application These Rules apply to restricted access insurers and companies seeking registration as private health insurers under Division 3 of Part 2 of the Act.

5. Definitions Note: Terms used in these Rules have the same meaning as in the Act – see section 13 of the Legislative Instruments Act 2003. These terms are: APRA Chief Executive Officer complying health insurance policy health benefits fund improper discrimination private health insurer restricted access insurer

In these Rules: Act means the Private Health Insurance (Prudential Supervision) Act 2015. PHI Act means the Private Health Insurance Act 2007. PHIAC means the Private Health Insurance Administration Council. Principal Insureds means the persons described in paragraphs 7 (a) to 7 (e) of these Rules. Secretary of the Department has the same meaning as in the PHI Act.