Sec. 2. (a) As used in this chapter, "health care entity" means any of the following:
(1) Except as provided in subsection (b), an organization or business that provides diagnostic, medical, surgical, dental treatment, or rehabilitative care.
(2) An insurer that issues a policy of accident and sickness insurance (as defined in IC 27-8-5-1), except for the following types of coverage:
(A) Accident only, credit, dental, vision, long term care, or disability income insurance.
(B) Coverage issued as a supplement to liability insurance.
(C) Automobile medical payment insurance.
(D) A specified disease policy.
(E) A policy that provides indemnity benefits not based on any expense incurred requirements, including a plan that provides coverage for:
(i) hospital confinement, critical illness, or intensive care; or
(ii) gaps for deductibles or copayments.
(F) Worker's compensation or similar insurance.
(G) A student health plan.
(H) A supplemental plan that always pays in addition to other coverage.
(3) A health maintenance organization (as defined in IC 27-13-1-19).
(4) A pharmacy benefit manager (as defined in IC 27-1-24.5-12).
(5) An administrator (as defined in IC 27-1-25-1).
(6) A private equity partnership, regardless of where the private equity partnership is located, seeking to enter into a merger or acquisition with an entity described in subdivisions (1) through (5).
(b) The term does not include:
(1) a health care provider (as defined by IC 4-6-14-2) that is majority owned, or that would be majority owned after the merger or acquisition, by practitioners who:
(A) are licensed in Indiana; and
(B) routinely provide health care services in the practitioner owned practice;
(2) the Medicaid program; or
(3) the Medicare program.