Financial Sector (Collection of Data) (reporting standard) determination No. 98 of 2023
Table 3: Target CapitalTable 3: Target Capital
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Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 98 of 2023.
Specific instructions
Table 1: HIB Policy Forecasts
Reporting basis
This table applies to health benefits funds only.
Units of measurement
Report values in whole Australian dollars (no decimal places).
| Name | Valid values | Description | |
|---|---|---|---|
| 1 | Private Health Insurer Fund Name | Free text | Report the name of the private health insurer fund. This is in the event an insurer has multiple health benefits funds.In the event an insurer has only one health benefits fund, its name should be the same as the insurer. |
| 2 | Future Quarter | Quarter 1Quarter 2Quarter 3Quarter 4 | Report the future quarter. |
| 3 | Health Insurance Business Policy Forecasts Type | New HIB policies to PHINew HIB policy transfersHIB terminated policies | Report the health insurance business policy forecasts type. |
| 4 | Policy Forecasts Count | Whole numbers | Report the policy forecasts count. |
| 5 | Policy Forecasts Average Monthly Premium Amount | Whole dollars | Report the policy forecasts average monthly premium amount. |
Table 2: HRB Non-Insurance and Capital Forecasts
Reporting basis
This table applies to health benefits funds and the general fund.
Units of measurement
Report values in whole Australian dollars (no decimal places).
| Name | Valid values | Description | |
|---|---|---|---|
| 1 | Private Health Insurer Fund Type | Health benefits fundGeneral fund | Report the private health insurer fund type. |
| 2 | Private Health Insurer Fund Name | Free text | Report the name of the private health insurer fund. This is in the event an insurer has multiple health benefits funds.In the event an insurer has only one health benefits fund, its name should be the same as the insurer.For the general fund, report the same name as the insurer. |