§ 27-1-46.5-5 — "Indiana nonprofit hospital system"

Indiana § 27-1-46.5-5

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 1: DEPARTMENT OF INSURANCE
• Ch. 46.5: Direct to Employer Health Care Arrangements

Text

As used in this chapter, "Indiana nonprofit
hospital system" means a hospital system that:
(1) is organized as a nonprofit corporation or a charitable trust
under Indiana law or the laws of any other state or country and
that is:
(A) eligible for tax exempt bond financing; or
(B) exempt from state or local taxes;
(2) filed jointly one (1) audited financial statement with the
Indiana department of health in the preceding calendar year; and
(3) has an annual net patient service revenue derived in Indiana
of at least two billion dollars ($2,000,000,000), based on the
hospital system's most recently submitted audited financial
statement filed with the Indiana department of health. As used in
this subdivision, "patient service revenue" includes similar terms,
including net patient service revenue and patient care service
revenue.

Legislative History

As added by P.L.216-2025, SEC.46.