29. (1) The optional indexation benefit shall provide that the following amounts shall be subject to annual indexation in accordance with subsections (2) and (3): 1.  The weekly amount of any income replacement or non-earner benefit payable under this Regulation, without regard to any reductions made under subparagraphs i and ii of paragraph 1 of subsection 7 (1). 2.  The following amounts: i.  The amounts specified in subparagraphs i and ii of paragraph 2 of subsection 7 (1). ii.  The amounts specified in subsections 12 (2) and (3). iii.  The amounts specified in subclauses 13 (3) (a) (i) and (ii) and 13 (3) (b) (i) and (ii). iv.  The amounts specified in clauses 16 (5) (a) and (b). 3.  If the optional medical, rehabilitation and attendant care benefit referred to in section 27 was purchased and is applicable to the insured person, the following amounts: i.  The outstanding balance with respect to medical and rehabilitation benefits, as calculated under subsection (4). ii.  The outstanding balance with respect to attendant care benefits, as calculated under subsection (6). iii.  The outstanding balance with respect to medical, rehabilitation and attendant care benefits, as calculated under subsection (8). 4.  If paragraph 3 does not apply, the following amounts: i.  The outstanding balance with respect to medical and rehabilitation benefits, as calculated under subsection (10). ii.  The outstanding balance with respect to attendant care benefits, as calculated under subsection (12).  O. Reg. 403/96, s. 29 (1); O. Reg. 462/96, s. 7 (1). (2) The indexation shall be performed on January 1 of every year following an accident to which the optional indexation benefit applies by adjusting the amount to be indexed by the percentage change in the Consumer Price Index for Canada (All Items), as published by Statistics Canada under the authority of the Statistics Act (Canada), for the period from September in the year immediately preceding the previous year to September of the previous year.  O. Reg. 403/96, s. 29 (2). (3) Subsection (2) is subject to the Optional Indexation Benefit Guidelines
published in The Ontario Gazette by the Ontario Insurance Commission or Financial Services Commission of Ontario, as they may be amended from time to time, except that those guidelines shall not provide for an adjustment of the amount to be indexed by a percentage greater than the percentage change in the applicable Consumer Price Index.  O. Reg. 403/96, s. 29 (3); O. Reg. 303/98, s. 6. (4) For the purpose of subparagraph i of paragraph 3 of subsection (1), the outstanding balance with respect to medical and rehabilitation benefits is calculated by subtracting the total of medical and rehabilitation benefits paid by the insurer in the year preceding January 1 of the year to which the optional indexation benefit applies from the indexation balance calculated under subsection (5).  O. Reg. 403/96, s. 29 (4). (5) The indexation balance for the purpose of subsection (4) is, (a)  in the first year the optional indexation benefit applies, the amount specified in sub-subparagraph A or B, as the case may be, of subparagraph i of paragraph 3 of subsection 27 (1); (b)  in each subsequent year, the outstanding balance for the previous year, as calculated under subsection (4) and indexed under subsection (2).  O. Reg. 403/96, s. 29 (5). (6) For the purpose of subparagraph ii of paragraph 3 of subsection (1), the outstanding balance with respect to attendant care benefits is calculated by subtracting the total of attendant care benefits paid by the insurer in the year preceding January 1 of the year to which the optional indexation benefit applies from the indexation balance calculated under subsection (7).  O. Reg. 403/96, s. 29 (6). (7) The indexation balance for the purpose of subsection (6) is, (a)  in the first year the optional indexation benefit applies, the amount specified in sub-subparagraph A or B, as the case may be, of subparagraph ii of paragraph 3 of subsection 27 (1); (b)  in each subsequent year, the outstanding balance for the previous year, as calculated under subsection (6) and indexed under subsection (2).  O. Reg. 403/96, s. 29 (7). (8) For the purpose of subparagraph iii of paragraph 3 of subsection (1), the outstanding balance with respect to medical, rehabilitation and attendant care benefits is calculated by subtracting the total of medical, rehabilitation and attendant care benefits paid by the insurer in the year preceding January 1 of the year to which the optional indexation benefit applies from the indexation balance calculated under subsection (9).  O. Reg. 403/96, s. 29 (8). (9) The indexation balance for the purpose of subsection (8) is, (a)  in the first year the optional indexation benefit applies, the amount specified in sub-subparagraph A or B, as the case may be, of subparagraph iii of paragraph 3 of subsection 27 (1); (b)  in each subsequent year, the outstanding balance for the previous year, as calculated under subsection (8) and indexed under subsection (2).  O. Reg. 403/96, s. 29 (9). (10) For the purpose of subparagraph i of paragraph 4 of subsection (1), the outstanding balance with respect to medical and rehabilitation benefits is calculated by subtracting the total of medical and rehabilitation benefits paid by the insurer in the year preceding January 1 of the year to which the optional indexation benefit applies from the indexation balance calculated under subsection (11).  O. Reg. 403/96, s. 29 (10); O. Reg. 462/96, s. 7 (2). (11) The indexation balance for the purpose of subsection (10) is, (a)  in the first year the optional indexation benefit applies, the amount specified in clause 19 (1) (a) or (b), as the case may be; (b)  in each subsequent year, the outstanding balance for the previous year, as calculated under subsection (10) and indexed under subsection (2).  O. Reg. 403/96, s. 29 (11). (12) For the purpose of subparagraph ii of paragraph 4 of subsection (1), the outstanding balance with respect to attendant care benefits is calculated by subtracting the total of attendant care benefits paid by the insurer in the year preceding January 1 of the year to which the optional indexation benefit applies from the indexation balance calculated under subsection (13).  O. Reg. 403/96, s. 29 (12); O. Reg. 462/96, s. 7 (3). (13) The indexation balance for the purpose of subsection (12) is, (a)  in the first year the optional indexation benefit applies, the amount specified in clause 19 (2) (a) or (b), as the case may be; (b)  in each subsequent year, the outstanding balance for the previous year, as calculated under subsection (12) and indexed under subsection (2).  O. Reg. 403/96, s. 29 (13). PART IX   GENERAL EXCLUSIONS