Commonwealth Consolidated Acts Commonwealth Consolidated ActsFor the purposes of this Act, a person is covered by an insurance policy that provides private patient hospital cover if:
(a) the policy is a complying health insurance policy (within the meaning of the Private Health Insurance Act 2007 ) that covers hospital treatment (within the meaning of that Act); and
(b) any excess payable in respect of benefits under the policy is no more than the applicable amount set out in section 45 - 1 of that Act in any 12 month period.