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Indiana Code Title 12. Human Services § 12-15-44.5-8

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 8. The following requirements apply to funds appropriated by the general assembly to the plan and the incremental fee used for purposes of IC 16-21-10-13.3:

(1) At least eighty-seven percent (87%) of the funds must be used to fund payment for health care services.

(2) An amount determined by the office of the secretary to fund:

(A) administrative costs of;  and

(B) any profit made by;

a managed care organization under a contract with the office to provide health coverage under the plan.  The amount determined under this subdivision may not exceed thirteen percent (13%) of the funds.

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Cite this article: FindLaw.com - Indiana Code Title 12. Human Services § 12-15-44.5-8 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-12-human-services/in-code-sect-12-15-44-5-8/

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