Index rate, defined.

  1. Law
  2. Nebraska Revised Statutes
  3. Insurance
  4. Index rate, defined.

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44-5243. Index rate, defined.

Index rate shall mean, for each class of business as to a rating period for small employers with similar case characteristics, the arithmetic average of the applicable base premium rate and the corresponding highest premium rate.

Source

  • Laws 1994, LB 1222, § 21.


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