Ind. Code § 12-15-41-7

Current through P.L. 171-2024
Section 12-15-41-7 - Sliding scale of premiums
(a) The office shall develop a sliding scale of premiums for individuals participating in the buy-in program.
(b) The sliding scale of premiums required under subsection (a) must:
(1) be based on the annual gross income of the individual and, if married, the individual's spouse; and
(2) provide for a minimum monthly premium of twenty-five dollars ($25) and a maximum monthly premium of two hundred seventy-five dollars ($275).
(c) Subject to the minimum and maximum amounts described in subsection (b), the office may annually adjust the scale of premiums adopted under this section.

IC 12-15-41-7

As added by P.L. 287-2001, SEC.9.