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General PHIAC Circulars

SBA Circulars

General PHIAC Circulars

CAPITAL ADEQUACY STANDARDS – MARKET YIELD RATE

PHIAC has determined that the market yield applicable to the calculation of the Renewal Option Reserve to be applied by all private health insurers for the quarter ended 30 June 2007 is 6.346% per annum.

The investment earnings rate as prescribed in Schedule 3 of the Private Health Insurance (Health Benefits Fund Administration Rules) 2007 is 5.346% per annum.

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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: 5 July, 2007