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Standards and Legislation

Topics in this section

Solvency and Capital Adequacy Standards

Industry Guidelines

PHIAC1 Audit Programs and Guidance

PHIAC2 Audit Guidelines

Legislation

Standards and Legislation

Legislation

Private Health Insurance Act 2007

Private Health Insurance Legislation Amendment Act 2008

Private Health Insurance (Transitional Provisions and Consequential Amendments) Act 2007

An Act to provide for transitional matters, and make consequential amendments, relating to the enactment of the Private Health Insurance Act 2007, and for related purposes

Rules made by PHIAC

The Private Health Insurance Rules 2007 (the Rules) are made by the Private Health Insurance Administration Council (the Council) under item 1-3 of the table in section 333-25, of the Private Health Insurance Act 2007 (the Act).

PDF Format	Hyperlink to Rule
	Private Health Insurance (Health Benefits Fund Administration) Rules 2007 As amended This compilation was prepared on 6 May 2008 taking into account amendments up to Private Health Insurance (Health Benefits Fund Administration) Amendment Rules 2008 (No.1) These Rules specify requirements for the administration and operation of health benefits funds, including requirements about the expenditure and application of fund assets, restructure of health benefits funds and merger and acquisition of health benefits funds. These Rules specify risk equalisation jurisdictions for the purposes of the Act and establish solvency and capital adequacy standards for the conduct of health benefits funds. F2008C00226 - Health
	Private Health Insurance (Insurer Obligations) Rules 2007 These Rules establish: a prudential standard relating to prudential matters for private health insurers; Appointed Actuaries - eligibility for appointment, duties and powers of appointed actuaries; and Fund reporting and notification requirements. F2007L00859 - Health
	Private Health Insurance (Risk Equalisation Administration) Rules 2007 As amended This compilation was prepared on 9 January 2008 taking into account amendments up to Private Health Insurance (Risk Equalisation Administration) Amendment Rules 2007 (No. 1) These Rules are made for the purposes of Part 6-7 of the Private Health Insurance Act 2007 (the Act). F2008C00039 - Health

PDF Format	Hyperlink to Rules Explanatory Statements
	Private Health Insurance (Health Benefits Fund Administration) Rules 2007
	Private Health Insurance (Insurer Obligations) Rules 2007
	Private Health Insurance (Risk Equalisation Administration) Rules 2007