PHI 65/12

This circular issued by the Private Health Insurance Branch contains information about the 2013 Premium Round

Page last updated: 11 June 2013

Printable version of 65/12 (PDF 23 KB)

19 October 2012

2013 Premium Round

This circular, issued by the Private Health Insurance Branch, contains information relating to the timetable for the 2013 Premium Round.

19 October 2012

The Department is issuing a timetable for the 2013 Premium Round in order to assist insurers with compiling their applications.

Details of what is required from insurers planning a premium increase in the 2013 premium round will be sent by the Private Health Insurance Administration Council (PHIAC), as set out in the Schedule and Guide, and will be issued by PHIAC shortly. The information required will be the same as for the 2012 premium round. No additional information is being sought.

Timetable for the 2013 Premium Round:
EventDate
Submission of applications from insurers19 November 2012
Assessment of applications by PHIAC, Australian Government Actuary (where necessary) and the Minister for Health20 November – 13 December 2012
Last Date for Resubmission request to insurers14 December 2012
Resubmissions due21 January 2013
Assessment of resubmissions22 January – 5 February 2013
Insurers formally notified of approvalBy 7 February 2013
Public announcement of Minister’s decision8 February 2013
Insurers commence notification of members of premium changes8 February 2013
Premium changes take effect1 April 2013
Consultation sessions will be held with the private health insurance industry in the period before submissions are due to ensure that there is an understanding of this new approach. This consultation will be led by PHIAC with support from the Department. Further details regarding venue, time and registration will be provided by PHIAC shortly. Tentative dates for the consultation sessions are as follows:
  • 26th October 2012 – Melbourne
  • 31st October 2012 – Sydney
  • 1st November 2012 – Brisbane
Questions can be directed to Paul Groenewegen at PHIAC on 02 6215 7900.

If you require further information please telephone: (02) 6289 9853/24 hr answering machine or email the enquiry to Private Health Insurance Branch

For more information visit 2012 Private Health Insurance (PHI) Circulars.

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