Indiana § 34-18-3-7 - Rules; minimum annual aggregate insurance amount; eligibility

Full text of Indiana Indiana Code § 34-18-3-7 — Rules; minimum annual aggregate insurance amount; eligibility, with citation guidance and answers to common questions.

§ 34-18-3-7. Rules; minimum annual aggregate insurance amount; eligibility

Sec. 7. (a) The commissioner shall adopt rules under IC 4-22-2 to establish the following:

(1) Criteria for determining, upon application, whether a corporation, limited liability company, partnership, or professional corporation is subject to IC 34-18-2-14(7) and thus is eligible to qualify as a health care provider under this chapter.

(2) The minimum annual aggregate insurance amount necessary for the corporation, limited liability company, partnership, or professional corporation to become qualified under IC 34-18-2-14(7).

(b) The criteria to be established by rule under subsection (a)(1) must include the identification of the health care purpose and function of the corporation, limited liability company, partnership, or professional corporation.

(c) The minimum annual aggregate insurance amount to be set by rule under subsection (a)(2) may not exceed five hundred thousand dollars ($500,000).

(d) The commissioner may require a corporation, limited liability company, partnership, or professional corporation that seeks to qualify under IC 34-18-2-14(7) and this chapter to provide information necessary to determine eligibility and to establish the minimum annual aggregate amount applicable to the corporation, limited liability company, partnership, or professional corporation.

(e) The commissioner may require a health care provider who is qualified under section 2(b) of this chapter and an officer, agent, and employee of a health care provider who is qualified under section 3(b) of this chapter to provide information necessary to determine eligibility.

[Pre-1998 Recodification Citation: 27-12-3-7.]

As added by P.L.1-1998, SEC.13. Amended by P.L.69-2022, SEC.14.

IC 34-18-4Chapter 4. Establishment of Financial Responsibility

34-18-4-1Establishment of financial responsibility 34-18-4-2Security; manner of holding; withdrawal 34-18-4-3Hospital bed size determined by Indiana department of health 34-18-4-4Partners and members of professional corporations

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 34-18-3-7

What does Indiana Code § 34-18-3-7 cover?

Section 34-18-3-7 ("Rules; minimum annual aggregate insurance amount; eligibility") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Indiana § 34-18-3-7?

A common citation format is "Indiana Code § 34-18-3-7" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Indiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.

How does Indiana § 34-18-3-7 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.