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PremiumBasis

The rating basis used to calculate premium. Captures the rate, what it's applied to, and the exposure measure.

Structure

NameCard.TypeDescription
RPremiumBasisThe rating basis used to calculate premium.
ratePerUnit0..1numberRate per unit of exposure (e.g., 2.45 per $100 of payroll)
rateBasis0..1CodeableConceptDescription of the rate basis (e.g., "per $100 of payroll", "per $1,000 of revenue"). terminology
exposureAmount0..1QuantityThe exposure measure used in the calculation
basePremium0..1MoneyBase premium before adjustments (if flat-rated or minimum applies)

JSON Schema

Full JSON Schema: PremiumBasis.schema.json