PET - Plain English Taxonomy

Attribute:	CS25576
Concept:	Income Private Health Insurance Gross Margin Percent
Label:	PHI Gross Margin
Concept Guidance:	This is the percentage, during the relevant period, for the gross margin. This is calculated as the residual of dividing health insurance business benefits paid by health insurance business contribution income, given premium increase subject to the stress test assumptions constraint.

Dimensions

Dimension	Member	Description
BusinessTypeDimension	(HealthInsuranceBusiness)	This dimension categorises the reported data according to the type of business. The information reported is in relation to the health insurance business (HIB) only.
ForecastPeriodDimension	(Month5)	This dimension categorises the reported data according to the forecast period at each point of time in the future. The information reported relates to items where the forecast period is 5 months after the reporting date.
ProbabilisticOutcomesDimension	(CentralEstimate)	This dimension categorises the reported data according to the distribution of probabilistic outcomes. The information relates to the Central Estimate, determined in accordance with relevant prudential standards. The central estimate is intended to reflect the mean value in the range of possible values for the outcome (that is, the mean of the distribution of probabilistic outcomes). This does not include any risk margin.