Indiana § 12-15-1-18.5 - Payer affordability penalty fund
Full text of Indiana Indiana Code § 12-15-1-18.5 — Payer affordability penalty fund, with citation guidance and answers to common questions.
§ 12-15-1-18.5. Payer affordability penalty fund
Sec. 18.5. (a) The payer affordability penalty fund is established for the purpose of receiving fines collected under IC 16-21-6-3, IC 27-1-4.5-7, IC 16-21-6-13, IC 16-21-19, IC 27-1-46.5, and IC 27-2-25.5 to be used for:
(1) the state's share of the Medicaid program; and
(2) a study of hospitals that are impacted by changes made in the disproportionate share hospital methodology payments set forth in Section 203 of the federal Consolidated Appropriations Act of 2021.
The office of the secretary shall perform the study and provide the results of the study described in subdivision (2) to the budget committee.
(b) The fund shall be administered by the office of the secretary.
(c) The expenses of administering the fund shall be paid from money in the fund.
(d) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public money may be invested. Interest that accrues from these investments shall be deposited in the fund.
(e) Money in the fund at the end of a state fiscal year does not revert to the state general fund.
(f) Money in the fund is continually appropriated.
As added by P.L.203-2023, SEC.5. Amended by P.L.216-2025, SEC.2; P.L.239-2025, SEC.1; P.L.23-2026, SEC.81.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 12-15-1-18.5
What does Indiana Code § 12-15-1-18.5 cover?
Section 12-15-1-18.5 ("Payer affordability penalty fund") 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 § 12-15-1-18.5?
A common citation format is "Indiana Code § 12-15-1-18.5" (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 § 12-15-1-18.5 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.