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Although every effort is made to ensure the accuracy of bills homepages, the authoritative sources for verifying the progress of bills are the House of Representatives Votes and Proceedings and the Journals of the Senate.

Private Health Insurance Legislation Amendment Bill 2008


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Health and Ageing

Summary

Amends the: Australian Securities and Investments Commission Act 2001, Corporations Act 2001, Insurance Act 1973 and Insurance Contracts Act 1984 to remove the 1 July 2008 requirement for health-related business conducted through health benefits funds to be subject to dual regulation by the Private Health Insurance Administration Council and the Australian Prudential Regulation Authority; and Private Health Insurance Act 2007 to: enable restricted access insurers to specify their eligibility requirements in constitutions or operational rules; require all private health insurers to be companies under the Corporations Act by January 2010; clarify that discounted corporate products offered by private health insurers are not a breach of community rating; and provide that a pilot project conducted as specified in the Private Health Insurance (Complying Product) Rules does not breach community rating.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.

House of Representatives
Introduced and read a first time 15/05/08  
Second reading moved 15/05/08  
Second reading debate 03/06/08  
Second reading agreed to 03/06/08  
Third reading agreed to 03/06/08  
     
Senate
Introduced and read a first time 16/06/08  
Second reading moved 16/06/08  
Second reading debate 19/06/08  
Second reading agreed to 19/06/08  
Third reading agreed to 19/06/08  
     
Assent 25/06/08 Act no.: 54 - Year: 2008
     

Text of bill

  • First reading

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes
  • An electronic version of this Act is available on the Federal Register of Legislation (www.legislation.gov.au)