Indiana § 27-13-14-1 Determination of liabilities

Indiana Statutes

§ 27-13-14-1 — Determination of liabilities

Indiana·Title 27 INSURANCE·Art. 13 HEALTH MAINTENANCE ORGANIZATIONS·Ch. 14 Protection Against Insolvency; Liabilities

When determining its liabilities, a health maintenance organization shall include an amount estimated in the aggregate to provide:

(1)for any unearned premium;

(2)for the payment of all claims for health care expenditures, whether reported or unreported:

(A)that have been incurred;

(B)that are unpaid; and

(C)for which the organization is or may be liable; and

(3)for the expense of adjustment or settlement of claims described in subdivision (2).

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When determining its liabilities, a health
maintenance organization shall include an amount estimated in the
aggregate to provide:
(1) for any unearned premium;
(2) for the payment of all claims for health care expenditures,
whether reported or unreported:
(A) that have been incurred;
(B) that are unpaid; and
(C) for which the organization is or may be liable; and
(3) for the expense of adjustment or settlement of claims
described in subdivision (2).

Indiana § 27-13-14-1 (Determination of liabilities) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.