GAP PRODUCTS: Tariff GAP

This product was designed for scheme options that calculate the payment of in-hospital treatment and procedures at less than 400% of the NHRPL.

TARIFF GAP will cover the difference between the chosen cover level and the cost (Limited to 400% of the TARIFF) for all defined in-hospital treatment and procedures.

COVER LEVEL CHOICES

TARIFF 100 – provides a lump sum equal to the difference between TARIFF* & cost

TARIFF 125 – provides a lump sum equal to the difference between 1.25 times TARIFF* & cost

TARIFF 150 – provides a lump sum equal to the difference between 1.5 times TARIFF* & cost

TARIFF 200 – provides a lump sum equal to the difference between 2 times TARIFF* & cost

TARIFF 300 – provides a lump sum equal to the difference between 3 times TARIFF* & cost

NB: The lump sum id limited to an amount not exceeding 300% of TARIFF.
* TARIFF is defined as a rate equal to NHRPL.

(to download printable version right click on the page needed and then click on the "Save Target As..." option)
GAP Products 2008 - page 1 (PDF 706KB)
GAP Products 2008 - page 2 (PDF 692KB)

Tariff GAP Policy Document
Tariff GAP Addendum No.1