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Circular No 09/06

General PHIAC Circulars

CAPITAL ADEQUACY STANDARDS – MARKET YIELD RATE MARCH 2009

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 March 2009 is 2.713% per annum.

The investment earnings rate as prescribed in Schedule 3 of the Private Health Insurance (Health Benefits Fund Administration Rules) 2007  is 1.713% per annum.