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Circular No 09/01
General PHIAC Circulars
Circular No 09/01Contact Officers: Replaces Circular: NA5 January 2009 |
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CAPITAL ADEQUACY STANDARDS – MARKET YIELD RATE DECEMBER 2008
PHIAC has determined that the market yield applicable to the calculation of the renewal option amount to be applied by all private health insurers for the quarter ended 31 December 2008 is 2.824% per annum.
The investment earnings rate as prescribed in Schedule 3 of the Private Health Insurance (Health Benefits Fund Administration Rules) 2007 is 1.824% per annum.
