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Circular No 07/26

Home » Circulars » 2007 » 07/26

General PHIAC Circulars

Circular No 07/26

Contact Officers:
Paul Groenewegen (02) 6215 7966
email: paul.groenewegen@phiac.gov.au

Replaces Circular: NA

2 October 2007

PDF Format:

Circ 07/26

CAPITAL ADEQUACY STANDARDS – MARKET YIELD RATE SEPT 2007

PHIAC has determined that the market yield applicable to the calculation of the Renewal Option Amount to be applied by all private health insurers for the quarter ended 30 September 2007 is 6.420% per annum.

The investment earnings rate as prescribed in Schedule 3 of the Private Health Insurance (Health Benefits Fund Administration Rules) 2007 is 5.420% per annum.