Indiana § 34-18-14-2 "Periodic payments agreement" defined

Indiana Statutes

§ 34-18-14-2 — "Periodic payments agreement" defined

Indiana § 34-18-14-2

Title 34CIVIL LAW AND PROCEDURE

Art. 18MEDICAL MALPRACTICE

Ch. 14Limits on Damages

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Bluebook

Ind. Code § 34-18-14-2 (2026).

Text

As used in this chapter, "periodic payments agreement" means a contract between a health care provider (or its insurer) and the patient (or the patient's estate), under which the health care provider is relieved from possible liability in consideration of:

(1)a present payment of money to the patient (or the patient's estate); and

(2)one (1) or more payments to the patient (or the patient's estate) in the future; whether or not some or all of the payments are contingent upon the patient's survival to the proposed date of payment. [Pre-1998 Recodification Citation: 27-12-14-2.]

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As used in this chapter, "periodic payments
agreement" means a contract between a health care provider (or its
insurer) and the patient (or the patient's estate), under which the health
care provider is relieved from possible liability in consideration of:
(1) a present payment of money to the patient (or the patient's
estate); and
(2) one (1) or more payments to the patient (or the patient's estate)
in the future;
whether or not some or all of the payments are contingent upon the
patient's survival to the proposed date of payment.
[Pre-1998 Recodification Citation: 27-12-14-2.]