§ 27-2-25-16 — Health carrier satisfaction of good faith estimate and web site notice requirements through compliance with federal law; civil penalty for noncompliance; civil penalty deposited in fund

Indiana § 27-2-25-16

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 2: POWERS AND DUTIES OF INSURERS
• Ch. 25: Health Carrier Good Faith Estimates

Text

(a) If a health carrier fails or refuses:
(1) to provide a good faith estimate as required by this chapter; or
(2) to provide notice on the health carrier's Internet web site as
required by section 15 of this chapter;
the insurance commissioner may, after notice and hearing under IC 4-21.5, impose on the health carrier a civil penalty of not more than one
thousand dollars ($1,000) for each day of noncompliance.
(b) A health carrier may satisfy the requirements of this chapter
described in subsection (a)(1) and (a)(2) by complying with the
requirements set forth in Section 2799A–1 of the federal Public Health
Service Act, as added by Public Law 116-260.
(c) A civil penalty collected under subsection (a) shall be deposited
in the department of insurance fund established by IC 27-1-3-28.

Legislative History

As added by P.L.93-2020, SEC.13. Amended by P.L.202-2021, SEC.18.