Medical Indemnity Regulations 2020
59Simplified outline of this Part
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59 Simplified outline of this Part
An amount is payable for each financial year to a medical indemnity insurer for incurring costs relating to administration of the premium support scheme in Part 6, if the insurer applies for the payment and complies with requests from the Chief Executive Medicare for information.
The amount payable depends on the number of medical practitioners whom the insurer was satisfied in the previous financial year would attract subsidy payable to the insurer.
Also, amounts are payable on a one‑off basis to insurers involved in the old scheme for incurring costs relating to administration of the premium support scheme in Part 6.