Commonwealth Numbered Acts Commonwealth Numbered Acts(1) The incentive amount for a * complying health insurance policy for a financial year is the amount worked out under this table:
|
Incentive amount |
||||
|
Item |
Number and kinds of people covered by the policy |
Policy covers * hospital treatment but not * general treatment |
Policy covers * general treatment but not * hospital treatment |
Policy covers * hospital treatment and * general treatment |
|
1 |
3 or more people |
$350 |
$100 |
$450 |
|
2 |
One * dependent child and one other person |
$350 |
$100 |
$450 |
|
3 |
2 people neither of whom is a * dependent child |
$200 |
$50 |
$250 |
|
4 |
One person |
$100 |
$25 |
$125 |
(2) If the amount of premiums is payable in respect of only part of a financial year, the incentive amount is worked out using this formula:
