New South Wales Consolidated Acts

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HEALTH INSURANCE LEVIES ACT 1982 - SECT 10A

Calculation of monthly levy

10A Calculation of monthly levy

(1) The monthly levy for a month is the amount calculated in accordance with the following formula:
graphic
"L" is the monthly levy in dollars.
"S" is the number of single contributors at the beginning of the month.
"F" is the number of contributing families at the beginning of the month.
"C" is the prescribed rate in force during the month.
"D" is the number of days in the month.
(2) In subsection (1):
"contributing family" means a family or group whose members are contributors with respect to a health benefits fund by virtue of a single policy of insurance.
"single contributor" means a contributor who is not a member of a contributing family.
(3) In determining the values of S and F in the formula given in subsection (1), single contributors, or members of a contributing family all of whom:
(a) are permanently resident outside New South Wales, or
(b) are members of one or more of the following classes of contributors:
(i) persons who contribute to an organisation for the purpose of securing entitlement only to benefits other than basic health benefits,
(ii) persons who hold one or more of the following cards issued to them by the Commonwealth:
• Concession Card
• Health Benefits Card
• Pensioner Health Benefits and Transport Concession Card
• Pharmaceutical Benefits Concession Card and Social Security Card
(iii) persons who are in receipt of a service pension under Part III of the Veterans’ Entitlements Act 1986 of the Commonwealth,
are not to be counted.
(4) If a monthly levy comprises, in addition to a number of dollars, a number of cents, the number of cents is to be disregarded.



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