Tasmanian Numbered Regulations

HEALTH (FEES) REGULATIONS 2007 (S.R. 2007, NO. 92) - SCHEDULE 2

SCHEDULE 2 - Fees payable by nursing-home-type patients

Regulation 5

1. Interpretation

In this Schedule –

"prescribed formula" , in relation to the calculation of a payable fee, means –

(a) in the case of the patient contribution payable by all nursing-home-type patients, the following formula:

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where –
"F"	is the fee rounded down to the nearest 5 cents;
"B"	is the daily equivalent of the maximum basic rate of age pension prescribed for the purposes of section 1064 of the Social Security Act 1991 of the Commonwealth plus the maximum rate of rent assistance prescribed for the purposes of that section of that Act; and

(b) in the case of the default benefit payable by health funds on behalf of their privately insured contributors, the following formula:

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where –
"F"	is the fee rounded down to the nearest 5 cents;
"B"	is the daily equivalent of the maximum basic rate of age pension prescribed for the purposes of section 1064 of the Social Security Act 1991 of the Commonwealth plus the maximum rate of rent assistance prescribed for the purposes of that section of that Act.