Current through P.L. 171-2024
Section 12-15-41-9 - Annual review of premiums; adjustment of premiums(a) The office shall annually review the amount of the premium that an individual is required to pay under section 8 of this chapter.(b) In addition to the annual review required under subsection (a), the office shall adjust the premium that an individual is required to pay under section 8 of this chapter if: (1) a change in the individual's income or family size is verified; and(2) the sliding scale adopted under section 7 of this chapter applied to the individual's changed circumstances prescribes a premium for the individual that is different from the premium the individual is paying.As added by P.L. 287-2001, SEC.9. Amended by P.L. 26-2003, SEC.3.