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Circular No 140
General PHIAC Circulars
Circular No 140
Contact Officers:
Paul Groenewegen (02) 6215 7966
email: paul.groenewegen@phiac.gov.au
4 October 2002
CAPITAL ADEQUACY STANDARD - MARKET 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 30 September 2002 is 4.765%.
The investment earnings rate as prescribed by Division 2.8 of the Health Benefits Organisations – Interpretation Standard 2000 is 3.765%.