Ind. Code § 34-18-14-2

Current through P.L. 171-2024

Section 34-18-14-2 - "Periodic payments agreement" defined

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.

IC 34-18-14-2

Pre-1998 Recodification Citation: 27-12-14-2.

As added by P.L. 1-1998, SEC.13.