Regulatory Reform Omnibus Act 2025 (73 of 2025)

Schedule 3   Amendments to reduce regulatory burden

Part 1   Removing risk of unintentional non-compliance for private health insurance

Private Health Insurance Act 2007

1   At the end of section 72-1

Add:

(4) If an amount of a benefit payable under an insurance policy does not meet the requirements in the table in subsection (2) merely because of the operation of subsection 10(4) of the Health Insurance Act 1973 (which rounds the calculation of a *medicare benefit), the amount of the benefit payable is taken to meet the requirements in the table in subsection (2).