§ 27-1-47.5-5 — Pricing; report

Indiana § 27-1-47.5-5

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 1: DEPARTMENT OF INSURANCE
• Ch. 47.5: Oversight of Health Care Costs

Text

The department shall contract with a third
party to do the following:
(1) Calculate an Indiana nonprofit hospital system's prices from
the commercially insured market, categorized by:
(A) self-funded plan prices;
(B) fully-funded plan prices;
(C) the individual market prices; and
(D) the total combined prices of clauses (A) through (C);
expressed as a percentage of how much Medicare would have
paid for the same services for the 2021 calendar year, the 2022
calendar year, and the 2023 calendar year.
(2) Not later than December 1, 2024, prepare a report of the
findings in subdivision (1) and submit the report to the following:
(A) The department.
(B) The health care cost oversight task force established by IC 2-5-47.
(C) The budget committee for review.

Legislative History

As added by P.L.203-2023, SEC.21.