Indiana law with big implications for hospital pricing may be a bellwether

Indiana law with big implications for hospital pricing may be a bellwether

A landmark hospital pricing bill that recently became law in Indiana could foreshadow similar developments in other states. Indiana hospitals will face both a tax penalty and the loss of their tax-exempt status if their prices exceed designated limits. The limits, to be determined via a formula set by the state’s Office of Management and Budget, will reflect the average of all Indiana hospital prices for inpatient and outpatient procedures. Once…