Section 34-18-9-3 - Notice of reserve by medical liability insurer; report of final adjudications and settlements(a) A health care provider's insurer shall notify the commissioner of any malpractice case upon which the insurer has placed a reserve of at least one hundred twenty-five thousand dollars ($125,000). The insurer shall give notice to the commissioner under this subsection immediately after placing the reserve. The notice and all communications and correspondence relating to the notice are confidential and may not be made available to any person or any public or private agency.(b) All malpractice claims settled or adjudicated to final judgment against a health care provider shall be reported to the commissioner by the plaintiff's attorney and by the health care provider or the health care provider's insurer or risk manager within sixty (60) days following final disposition of the claim. The report to the commissioner must state the following:(1) The nature of the claim.(2) The damages asserted and the alleged injury.(3) The attorney's fees and expenses incurred in connection with the claim or defense.(4) The amount of the settlement or judgment.Pre-1998 Recodification Citation: 27-12-9-3.
As added by P.L. 1-1998, SEC.13. Amended by P.L. 111-1998, SEC.11.