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Schedule 2—Age-based discounts for hospital cover

Schedule 2 Age-based discounts for hospital cover

Part 1 Main amendments

Private Health Insurance Act 2007

1  Paragraph 55-5(2)(c)

Repeal the paragraph, substitute:

                     (c)  the age of a person, except to the extent allowed under:

                              (i)  Part 2-3 (lifetime health cover); or

                             (ii)  subsection 63-5(4); or

                            (iii)  section 66-5, because of the reason mentioned in paragraph 66-5(3)(ea); or

2  After paragraph 66-5(3)(e)

Insert:

                    (ea)  because a person insured under the policy is entitled to an age-based discount in the circumstances set out in the Private Health Insurance (Complying Product) Rules;

Part 2 Consequential amendments

Age Discrimination Act 2004

3  Schedule 2 (table item 9A, column headed “Provision(s)”)

Omit “Part 2-3 and subsection 63-5(4)”, substitute “Part 2-3, subsection 63-5(4) and paragraph 66-5(2)(a), because of the reason mentioned in paragraph 66-5(3)(ea)”.

4  Schedule 2 (after table item 9A)

Insert:

 

10

Private Health Insurance (Complying Product) Rules made under the Private Health Insurance Act 2007

rules made for the purposes of the reason mentioned in paragraph

66-5(3)(ea) of the Private Health Insurance Act 2007