Indiana Statutes

§ 12-8-10-4 — "Purchase of service format" defined

Indiana·Art. 8 ADMINISTERING FAMILY AND SOCIAL·Ch. 10 Financial Services Group

As used in this chapter, "purchase of service format" means a contract format that has the following features:

(1)Each type of service to be provided under the contract is broken down into measurable units.
(2)A rate of reimbursement for each unit of service to be provided under the contract is established.
(3)The units of service actually provided under the contract are reported by the service provider on a regular basis.
(4)The cost of providing a unit of service under the contract is paid after the unit has been provided. [Pre-1992 Revision Citation: 4-28-1-6.]

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Legislative History

As added by P.L.2-1992, SEC.2.

Nearby Sections

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