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General PHIAC Circulars

CLAIMS FLUCTUATION IN SEPTEMBER 2006 QUARTER EXPECTED TO AFFECT REINSURANCE

PHIAC has been advised by a large organisation, typically a recipient from the Reinsurance pool, that they will be reporting markedly lower claims in the September 2006 quarter. This is expected to have an impact on the Reinsurance results for the September quarter. Organisations should expect a reversal in the impact on Reinsurance in the December quarter 2006, when the back-log of claims for the fund is likely to be processed

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Private Health Insurance Administration Council

Suite 16, Level 1, 71 Leichhardt Street, KINGSTON ACT 2604
Telephone 02 6215 7900 | Facsimile 02 6215 7977 | Email phiac@phiac.gov.au

Last modified: 22 July, 2005