Sec. 1. (a) The obligation to pay an amount from the patient’s compensation fund under IC 34-18-14-3(c), IC 34-18-6-6, or section 3 of this chapter (or IC 27-12-14-3(c), IC 27-12-6-6, or IC 27-12-15-3 before their repeal) may be discharged as follows: (1) Payment in one (1) lump amount. (2) An agreement requiring periodic payments from […]
Sec. 2. Notwithstanding IC 34-18-6, the commissioner may: (1) discharge the possible liability of the patient’s compensation fund to a patient through a periodic payments agreement (as defined in IC 34-18-14-2); and (2) combine money from the fund with money of the health care provider (or its insurer) to pay the cost of the periodic […]
Sec. 3. If a health care provider or its insurer has agreed to settle its liability on a claim by payment of its policy limits established in IC 34-18-14-3(b) and IC 34-18-14-3(d), and the claimant is demanding an amount in excess of that amount, the following procedure must be followed: (1) A petition shall be […]
Sec. 4. If a health care provider or the health care provider’s surety or liability insurance carrier fails to pay any agreed settlement or final judgment within ninety (90) days, the agreed settlement or final judgment shall be paid from the patient’s compensation fund, and the fund shall be subrogated to any and all of […]
