Sec. 4. As used in this chapter, "base premium rate" means the lowest premium rate charged or that could have been charged under a rating system by the small employer insurer to small employers with similar case characteristics and benefit design characteristics. As added by P.L.127-1992, SEC.1.
"Base premium rate"
Ind. Code § 27-8-15-4, under Small Employer Group Health Insurance.
Ind. Code § 27-8-15-4