Ind. Code § 27-1-4.5-5

Required reporting of ownership information by an insurer, a third party administrator, and a pharmacy benefit manager

As added by P.L.239-2025, SEC.11.
  1. (a) Beginning July 1, 2025, and each July 1 thereafter, each insurer, third party administrator, and pharmacy benefit manager that does business in Indiana shall file with the department a report that includes the following information:

    1. (1) The name of each person or entity that has:

      1. (A) an ownership interest of at least five percent (5%);
      2. (B) a controlling interest; or
      3. (C) an interest as a private equity partner;

        in the insurer, third party administrator, or pharmacy benefit manager.

    2. (2) The business address of each person or entity identified under subdivision (1). The business address must include a:

      1. (A) building number;
      2. (B) street name;
      3. (C) city name;
      4. (D) ZIP code; and
      5. (E) country name.

        The business address may not include a post office box number.

    3. (3) The business website, if applicable, of each person or entity identified under subdivision (1).
    4. (4) Any of the following identification numbers, if applicable, for a person or entity identified under subdivision (1):

      1. (A) National provider identifier (NPI).
      2. (B) Taxpayer identification number (TIN).
      3. (C) Employer identification number (EIN).
      4. (D) CMS certification number (CCN).
      5. (E) National Association of Insurance Commissioners (NAIC) identification number.
      6. (F) A personal identification number associated with a license issued by the department of insurance.
    5. (5) The ownership stake of each person or entity identified under subdivision (1).

      A report provided under this section may not include the Social Security number of any individual.

  2. (b) The department may not charge a fee for a report submitted under this section.

As added by P.L.239-2025, SEC.11.

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