3. Neurosurgeons

The MISS calculation for a neurosurgeon in respect of a premium payable by the neurosurgeon is:

(a) if the total amount of the premium for the premium year is $50,000 or less and the amount that a corresponding medical practitioner would have had to pay to meet the costs to which the premium relates (the corresponding amount) is less than $50,000 — 50% of the difference between the amount of the premium and the corresponding amount; or

(b) if the total amount of the premium for the premium year is more than $50,000, and the corresponding amount is less than $50,000 — the sum of the following amounts:

(i) 80% of the amount by which the total premium exceeds $50,000;

(ii) 50% of the difference between $50,000 and the corresponding amount; or

(c) if the total amount of the premium for the premium year is more than $50,000 and the corresponding amount is $50,000 or more — 80% of the difference between the total amount of the premium and the corresponding amount.