Indiana Code
Chapter 14. Limits on Damages
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.
[Pre-1998 Recodification Citation: 27-12-14-2.]
As added by P.L.1-1998, SEC.13.

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