Ged Kearney (Cooper, Australian Labor Party, Assistant Minister for Health and Aged Care) Share this | Hansard source

I move:

That this bill be now read a second time.

The second bill I'm introducing is the Private Health Insurance (Prostheses Application and Listing Fees) Amendment (Cost Recovery) Bill 2022.

This bill amends the Private Health Insurance (Prostheses Application and Listing Fees) Act 2007 to update cost-recovery arrangements.

The bill provides for levies payable by medical technology sponsors for the listing of medical devices and human tissue products on the prescribed list. These levies will be amended to reflect the costs of the ongoing management of the updated prescribed list.

Over time, the levies will also include the costs of new post-listing review and compliance framework activities. These new arrangements will be consistent with the Australian Government Charging Framework. This framework requires that non-government entities using the prescribed list services pay the minimum efficient costs of regulation.

This will allow my department to administer listing in a financially sustainable manner.

The amounts of these levies will be set out in regulations, and details for the collection and liability for these levies will be set out in other legislative instruments.

This bill complements the first bill that I introduced today.

Debate adjourned.

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