Indiana § 34-18-14-1 "Cost of the periodic payments agreement" defined

Indiana Statutes

§ 34-18-14-1 — "Cost of the periodic payments agreement" defined

Indiana § 34-18-14-1

Title 34CIVIL LAW AND PROCEDURE

Art. 18MEDICAL MALPRACTICE

Ch. 14Limits on Damages

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Bluebook

Ind. Code § 34-18-14-1 (2026).

Text

As used in this chapter, "cost of the periodic
payments agreement" means the amount expended by the health care
provider (or its insurer), the commissioner, or the commissioner and
the health care provider (or its insurer), at the time the periodic
payments agreement is made, to obtain the commitment from a third
party to make available money for use as future payment, the total of
which may exceed the limits provided in section 3 of this chapter.
[Pre-1998 Recodification Citation: 27-12-14-1.]

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As used in this chapter, "cost of the periodic
payments agreement" means the amount expended by the health care
provider (or its insurer), the commissioner, or the commissioner and
the health care provider (or its insurer), at the time the periodic
payments agreement is made, to obtain the commitment from a third
party to make available money for use as future payment, the total of
which may exceed the limits provided in section 3 of this chapter.
[Pre-1998 Recodification Citation: 27-12-14-1.]