1. (a) As used in this section, "health plan" means any of the following that provides coverage for health care services:

   1. (1) A policy of accident and sickness insurance (as defined in IC 27-8-5-1 ). However, the term does not include the coverages described in IC 27-8-5-2.5 (a).
   2. (2) A contract with a health maintenance organization (as defined in IC 27-13-1-19 ) that provides coverage for basic health care services (as defined in IC 27-13-1-4 ).
2. (b) Before July 1, 2026, the office of management and budget shall study the effect, including the fiscal impact, of requiring physician reimbursement rates under a commercial health plan to be at a minimum rate.

3. (c) The office of management and budget shall report the findings of the study under this section to:

   1. (1) the governor; and
   2. (2) the general assembly in an electronic format under IC 5-14-6 .
4. (d) This section expires December 31, 2026.

As added by P.L.216-2025, SEC.44.