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Ind. Code § 27-2-25.5-2

Violations; fines

As added by P.L.203-2023, SEC.22.

Sec. 2. (a) The department may assess a third party administrator, an insurer, or a health maintenance organization that violates section 1 of this chapter a fine of one thousand dollars ($1,000) per day for which the claims data is provided after the time frame set forth in section 1 of this chapter. A fine collected under this section shall be deposited into the payer affordability penalty fund established by IC 12-15-1-18.5.

(b) A person described in this section may appeal a fine assessed under this section in the manner prescribed by the department.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.