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§ 27-2-25-5-2 — Indiana Law | CourtGPT
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  2. Laws/
  3. Indiana/
  4. Title 27 - Insurance/
  5. Article 2 - Powers and Duties of Insurers/
  6. Chapter 25.5 - Claims Data27-2-25.5-0.5. "Plan Sponsor"/
  7. § 27-2-25-5-2
Indiana Legal Code

§ 27-2-25-5-2

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(a) The department may assess a third party administrator, an insurer, or a health maintenance organization that violates section 1 of this chapter a fine of one thousand dollars ($1,000) per day for which the claims data is provided after the time frame set forth in section 1 of this chapter. A fine collected under this section shall be deposited into the payer affordability penalty fund established by IC 12-15-1-18.5.(b) A person described in this section may appeal a fine assessed under this section in the manner prescribed by the department.As added by P.L.203-2023, SEC.22.