47Asking medical practitioners about participating in scheme

47 Asking medical practitioners about participating in scheme

A medical indemnity insurer must write to each medical practitioner for whom it is proposed that a contract of insurance with the insurer provide professional indemnity cover in relation to a premium period: (a) asking the practitioner whether, if the practitioner is an eligible medical practitioner for the premium period, the practitioner is willing for a subsidy to be paid to the insurer to help the practitioner meet the cost of purchasing medical indemnity; and (b) stating that, for the subsidy to be paid: (i) the practitioner will need to give information to the insurer about the practitioner’s private practice income for the period (among other things); and (ii) the insurer will need to give the Chief Executive Medicare information about the practitioner’s private practice income for the period (among other things); and (c) stating that if an overpayment of the subsidy is made to the insurer, the practitioner will need to pay the insurer an amount equal to the amount the insurer must repay.