PRIVATE HEALTH INSURANCE INCENTIVES ACT 1998
Chapter 1 deals with some preliminary matters.
Chapter 2 establishes a scheme under which people who, or whose employers on their behalf, pay premiums under certain private health insurance policies can obtain payments from the Commonwealth in return for the payment of the premiums.
Chapter 3 establishes an alternative scheme under which people who are covered by such private health insurance policies can have the premiums payable under those policies reduced.
If, under Chapter 3 , a premium is reduced, no payment can be received under Chapter 2 in respect of the premium (see subsection 4-5(2) ).
If, under Chapter 2 , a payment is received in respect of a premium, no reduction is allowed in respect of the premium under Chapter 3 (see subsection 12-5(4) ).
Chapter 4 deals with matters that are relevant to both Chapter 2 and Chapter 3 .
Note:
The incentive payments scheme and the premiums reduction scheme are complemented by the private health insurance offset provided for by Subdivision 61-H of the Income Tax Assessment Act 1997 .
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