This bulletin is directed to all health care providers electing to be qualified under Indiana's Medical Malpractice Act (IC 34-18-1-1 et seq.) and to insurers that provide coverage to those health care providers.

Pursuant to IC 34-18-5-2, the Commissioner of the Department of Insurance in his capacity as administrator of the PCF, hereby notifies physicians and hospitals of the following surcharge for qualification under the Act. The rates are effective for coverage beginning July 1, 2021.

The overall effective surcharge for physicians will decrease by 1.65% from the current rates. A complete list of physician specialty class codes is published at 760 IAC 1-60-3.

The surcharge for hospitals is shown below and represents an overall 2.1% decrease from the current effective rates. The surcharge calculations must be completed with the online filing worksheet which can be accessed at http://www.in.gov/idoi/2607.htm.

Physicians employed by hospitals continue to pay 100% of the appropriate surcharge for the physician's specialty class. Hospitals lacking a risk management program continue to receive a 10% penalty of the subtotal of surcharge due. Hospitals with more than 500 beds should continue to add a 3% multiplier to the subtotal of surcharge due.

INDIANA DEPARTMENT OF INSURANCE

Stephen W. Robertson

Insurance Commissioner

DIN: 20210317-IR-760210082NRA

Composed: May 19,2024 4:34:24PM EDT

A PDF version of this document.