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ISSN 1328-8091 Parliamentof Australia Departmentof Parliamentary Services Contents Purpose .................................................................................................................................................... 2 Background .............................................................................................................................................. 2 Lifetime Health Cover (LHC) ................................................................................................................ 3 Incentive Payment Scheme ................................................................................................................ 4 Basis of policy commitment ................................................................................................................ 5 Committee consideration ................................................................................................................... 6 Policy position of non-government parties/independents ................................................................ 6 Position of major interest groups ....................................................................................................... 7 Financial

ISSN 1328-8091 Parliament of Australia Departmentof Parliamentary Services Contents Purpose .................................................................................................................................................... 2 Background .............................................................................................................................................. 2 Financial implications ............................................................................................................................... 3 Key provisions .......................................................................................................................................... 4 Schedule 1 ........................................................................................................................................... 4 Amendments to the Medicare Levy Act 1986 ............................................................................... 4 Concluding comments ............................................................................................................................. 4 BILLS DIGEST NO. 22, 2011-12 22 August 2011 Fairer Private

Parliament of Australia Department of Parliamentary Services Parliamentary Library Information, analysis and advice for the Parliament BILLS DIGEST www.aph.gov.au/library 13 July 2010, no. 168, 2009-10, ISSN 1328-8091 Note: This Digest replaces an earlier version dated 9 June 2010. Health Legislation Amendment (Australian Community Pharmacy Authority and Private Health Insurance) Bill