Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Subject to subsection (2), the amount payable to the private health insurer in respect of the month is the sum of the amounts by which premiums in respect of that month under the * complying health insurance policies issued by the private health insurer were reduced because of the operation of Division 23.
(2) The amount must be paid to the private health insurer within the period of 15 days starting on the first day of the following month.
(3) The amount must be paid in the way determined, in writing, by the Chief Executive Medicare.