Health Insurance (Section 3C General Medical Services - Optometric Services) Determination 2020
16. Indexation16. Indexation
Start here
Get a plain-English read of 16. Indexation
Turn the raw legal text into a practical explanation grounded in Health Insurance (Section 3C General Medical Services - Optometric Services) Determination 2020.
16. Indexation
(1) At the start of 1 July 2025 (the indexation time), each amount covered by subsection (2) is replaced by the amount worked out using the following formula: 1.024 multiplied by the amount immediately before the indexation time
Note: The indexed fees could in 2025 be viewed on the Department of Health and Aged Care’s MBS Online website (https://www.mbsonline.gov.au).
(2) The amounts covered by this subsection are the fee for each item in a Schedule of this Determination.
(3) An amount worked out under subsection (1) is to be rounded up or down to the nearest 5 cents (rounding down if the amount is an exact multiple of 2.5 cents).