Division Table 1: HIB Claim Payments - Financial Sector (Collection of Data) (reporting standard) determination No. 99 of 2023 - Table 1: HIB Claim Payments

Table 1: HIB Claim PaymentsTable 1: HIB Claim Payments

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Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 99 of 2023.

Specific instructions

Table 1: HIB Claim Payments

Reporting basis

Report values on a cash flow basis.

This table applies to health benefits funds only.

This table applies to claim payments for health insurance business only, where health insurance business has the same meaning as in the Act.

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	Month Claim Incurred	48 Months Prior47 Months Prior46 Months Prior45 Months Prior44 Months Prior43 Months Prior42 Months Prior41 Months Prior40 Months Prior39 Months Prior38 Months Prior37 Months Prior36 Months Prior35 Months Prior34 Months Prior33 Months Prior32 Months Prior31 Months Prior30 Months Prior29 Months Prior28 Months Prior27 Months Prior26 Months Prior25 Months Prior24 Months Prior23 Months Prior22 Months Prior21 Months Prior20 Months Prior19 Months Prior18 Months Prior17 Months Prior16 Months Prior15 Months Prior14 Months Prior13 Months Prior12 Months Prior11 Months Prior10 Months Prior9 Months Prior8 Months Prior7 Months Prior6 Months Prior5 Months Prior4 Months Prior3 Months Prior2 Months Prior1 Month PriorSame Month	Report the month the claim was incurred, using the reporting date as the current date.
3	Month Claim Paid	2 months prior1 month priorSame month	Report the month the claim was paid, using the reporting date as the current date.
4	Claim Payment Amount	Whole dollars	Report the claim payment amount.