§ 12-15-1-18.5 — Payer affordability penalty fund

Indiana § 12-15-1-18.5

• Jurisdiction: Indiana
• Art. 15: MEDICAID
• Ch. 1: Administration

Text

Note: This version of section amended by P.L.216-2025, SEC.2,
effective 5-6-2025. See also following version of this section amended
by P.L.239-2025, SEC.1, effective 7-1-2025.
Sec. 18.5. (a) The payer affordability penalty fund
is established for the purpose of receiving fines collected under IC 16-21-6-3, IC 16-21-6-13, IC 16-21-19, IC 27-1-46.5, and IC 27-2-25.5
to be used for:
(1) the state's share of the Medicaid program; and
(2) a study of hospitals that are impacted by changes made in the
disproportionate share hospital methodology payments set forth
in Section 203 of the federal Consolidated Appropriations Act of
2021.
The office of the secretary shall perform the study and provide the
results of the study described in subdivision (2) to the budget
committee.
(b) The fund shall be administered by the office of the secretary.
(c) The expenses of administering the fund shall be paid from
money in the fund.
(d) The treasurer of state shall invest the money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public money may be invested. Interest that accrues
from these investments shall be deposited in the fund.
(e) Money in the fund at the end of a state fiscal year does not revert
to the state general fund.
(f) Money in the fund is continually appropriated.

Legislative History

As added by P.L.203-2023, SEC.5. Amended by P.L.216-2025, SEC.2.