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Second Reading Speeches

Private Health Insurance Bill 2007

Previous Citations
  • Private Health Insurance Bill 2006
Type
Government
Portfolio
Health and Ageing
Originating house
House of Representatives
Status
Act
Parliament no
41

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Summary

Part of a package of seven bills to reform the private health insurance sector, the bill replaces the current regulatory framework with a new regulatory framework which includes measures such as: the introduction of Broader Health Cover which will cover out of hospital services which substitute for, or avert, hospital care; premiums reduction and incentive payments schemes; standard product information; conversion to for-profit status; restructures, mergers and acquisitions of health funds; a comparative website for consumers; changes to Lifetime Health Cover for those with 10 years’ continuous cover; and provides for the Office of Private Health Insurance Ombudsman.