Sec. 120. (a) “Insurer”, for purposes of the statutes listed in subsection (b), means an insurance company, a health maintenance organization (as defined in IC 27-13-1-19), a self-funded employee benefit plan, a pension fund, a retirement system, or a similar entity that:

(1) does business in Indiana; and

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Terms Used In Indiana Code 12-7-2-120

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
(2) is under an obligation to make payments for medical services as a result of injury, illness, or disease suffered by an individual.

     (b) This section applies to the following statutes:

(1) IC 12-14-1 through IC 12-14-8.

(2) IC 12-15, except IC 12-15-32, IC 12-15-33, and IC 12-15-34.

[Pre-1992 Revision Citation: 12-1-7-14.2.]

As added by P.L.2-1992, SEC.1. Amended by P.L.26-1994, SEC.2; P.L.273-1999, SEC.76; P.L.10-2019, SEC.53.