Sec. 1. 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 […]
Sec. 2. 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); […]
Sec. 3. (a) The total amount recoverable for an injury or death of a patient may not exceed the following: (1) Five hundred thousand dollars ($500,000) for an act of malpractice that occurs before January 1, 1990. (2) Seven hundred fifty thousand dollars ($750,000) for an act of malpractice that occurs: (A) after December 31, […]
Sec. 4. (a) If the possible liability of the health care provider to the patient is discharged solely through an immediate payment, the limitations on recovery from a health care provider stated in section 3(b) and 3(d) of this chapter apply. (b) If the health care provider agrees to discharge its possible liability to the […]
Sec. 5. (a) If the possible liability of the fund to the patient is discharged solely through a direct payment made under IC 34-18-15-1, the limitations on recovery from the patient’s compensation fund established under section 3 of this chapter apply without adjustment. (b) If an agreement is made to discharge the fund’s possible liability […]
