PET - Plain English Taxonomy

Attribute:	CS25673
Concept:	Financial Risk Capital Adequacy Private Health Insurance Tax Percent
Label:	Tax percentage
Concept Guidance:	This is the percentage, as at the relevant date, for the monthly tax payment (as a percentage of health insurance business (HIB) contribution income, given premium increase subject to the stress test assumptions constraint that achieves the amount of annual tax attributable to the health benefit fund as defined in the relevant prudential standard. It is not the tax rate for-profit insurers.

Dimensions

Dimension	Member	Description
ForecastPeriodDimension	(Month2)	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 2 months after the reporting date.
ProbabilisticOutcomesDimension	(StressedEstimate)	This dimension categorises the reported data according to the distribution of probabilistic outcomes. The information reported is in relation to the stressed estimate, determined in accordance with the relevant prudential standards.

Dimension

Member

Description

ForecastPeriodDimension

(Month2)

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 2 months after the reporting date.

ProbabilisticOutcomesDimension

(StressedEstimate)

This dimension categorises the reported data according to the distribution of probabilistic outcomes.
The information reported is in relation to the stressed estimate, determined in accordance with the relevant prudential standards.