Indiana Code 34-18-14-1. “Cost of the periodic payments agreement” defined
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Terms Used In Indiana Code 34-18-14-1
- periodic payments agreement: means a contract between a health care provider (or its insurer) and the patient (or the patient's estate), under which the health care provider is relieved from possible liability in consideration of:
Indiana Code 34-18-14-2
Sec. 1. As used in this chapter, “cost of the periodic payments agreement” means the amount expended by the health care provider (or its insurer), the commissioner, or the commissioner and the health care provider (or its insurer), at the time the periodic payments agreement is made, to obtain the commitment from a third party to make available money for use as future payment, the total of which may exceed the limits provided in section 3 of this chapter.
[Pre-1998 Recodification Citation: 27-12-14-1.]
As added by P.L.1-1998, SEC.13.