§ 27-1-3-10.5 — Disclosure of information

Indiana § 27-1-3-10.5

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 1: DEPARTMENT OF INSURANCE
• Ch. 3: General Powers and Duties of the Department

Text

5. (a) As used in this section, "confidential
information" means information that has been designated as
confidential by statute, rule, or regulation issued under a statute.
(b) The commissioner may not:
(1) disclose; or
(2) subject to subpoena;
financial information regarding material transactions disclosed by an
insurer under IC 27-2-18.
(c) The commissioner may not disclose any information, including
any document or report received from:
(1) the National Association of Insurance Commissioners; or
(2) an insurance department of another state;
if the information is designated as confidential information in the other
jurisdiction.
(d) The commissioner may share confidential information with:
(1) the National Association of Insurance Commissioners; or
(2) an insurance department of another state;
on the condition that the National Association of Insurance
Commissioners and the other state agree to maintain the same level of
confidentiality that is provided to the information under Indiana law.
(e) The commissioner may share confidential information related to
a health benefit exchange established under the federal Patient
Protection and Affordable Care Act (P.L. 111-148), as amended by the
federal Health Care and Education Reconciliation Act of 2010 (P.L.
111-152), with the health benefit exchange if the health benefit
exchange:
(1) agrees to maintain the same level of confidentiality that is
provided to the confidential information under Indiana law; and
(2) complies with all applicable confidentiality requirements
under federal law.

Legislative History

As added by P.L.251-1995, SEC.1. Amended by P.L.278-2013, SEC.20.