Sec. 5. (a) If the possible liability of the fund to the patient is discharged solely through a direct payment made under IC 34-18-15-1, the limitations on recovery from the patient's compensation fund established under section 3 of this chapter apply without adjustment.
(b) If an agreement is made to discharge the fund's possible liability to the patient through a periodic payments agreement, the amount of the patient's recovery from the fund is:
(1) the amount of any immediate payment made directly to the patient from the fund; plus
(2) the cost of the periodic payments agreement paid by the commissioner on behalf of the fund;
for the purposes of the limitations on recovery from the fund established under section 3 of this chapter.
[Pre-1998 Recodification Citation: 27-12-14-5.]
As added by P.L.1-1998, SEC.13.
Structure Indiana Code
Title 34. Civil Law and Procedure
Article 18. Medical Malpractice
34-18-14-1. "Cost of the Periodic Payments Agreement" Defined
34-18-14-2. "Periodic Payments Agreement" Defined
34-18-14-3. Recovery Limitations
34-18-14-4. Discharge of Possible Liability; Periodic Payments Agreement
34-18-14-5. Limitations on Recovery From Fund; Direct Payments; Periodic Payments