§ 34-18-14-2 Periodic payments agreement defined

Codes > Indiana Code > Title 34 > Article 18 : Chapter 14 > 34-18-14-2 Periodic

34-18-14-2 “Periodic payments agreement” defined

    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); 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.