Sec. 7. (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.
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