46Simplified outline of this Division

46 Simplified outline of this Division

This Division sets:

(a) some requirements that are conditions to be met by a medical indemnity insurer for a subsidy to be payable to the insurer on behalf of a medical practitioner; and

(b) some requirements that are conditions to be met by the insurer after it has been paid the subsidy.

The requirements relate to the following matters:

(a) asking medical practitioners about participating in the subsidy scheme before offering any of them a contract of insurance to provide medical indemnity cover for them for a premium period;

(b) invoicing medical practitioners on whose behalf subsidy is paid so they can identify the subsidy;

(c) repaying overpayments of subsidy;

(d) keeping records relating to subsidies;

(e) reporting to the Chief Executive Medicare on changes of circumstances of medical practitioners in respect of whom applications for payment of subsidy have been made.