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General PHIAC Circulars

SBA Circulars

General PHIAC Circulars

CAPITAL ADEQUACY STANDARD – MARKET YIELD RATE

PHIAC has determined that the market yield applicable to the calculation of the Renewal Option Reserve to be applied by all Registered Health Benefits Organisations for the quarter ended 31 December 2006 is 6.241%.

The investment earnings rate as prescribed by Division 2.8 of the Health Benefits Organizations – Interpretation Standard 2005 is 5.241%.

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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