PHI Prudential Standards (APRA)
Private health insurers must meet capital + governance standards.
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Who must comply
Registered private health insurers.
What triggers it
PHI registration.
When due
Ongoing.
Evidence required
Annual returns + capital filings + board attestations.
Max penalty
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Summary
Private Health Insurance (Prudential Supervision) Act 2015. APRA prudential standards covering capital, risk management, governance + outsourcing for private health insurers.
Enforced by
Topics
insurancehealth
Source: https://apra.gov.au/private-health-insurance. Rules Mate is not a law firm. Always verify against the live regulator source before acting.