Health Insurance (Section 3C General Medical Services –Transcatheter Aortic Valve Implantation) Determination 2018
9. Indexation9. Indexation
Start here
Get a plain-English read of 9. Indexation
Turn the raw legal text into a practical explanation grounded in Health Insurance (Section 3C General Medical Services –Transcatheter Aortic Valve Implantation) Determination 2018.
9. 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 Schedule 1 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).