Requirements of good faith estimate; provision of information; exemption from penalties

Sec. 14. (a) A good faith estimate provided by a health carrier to an individual under this chapter must: (1) in the case of an insurer or another health carrier that pays or reimburses the cost of health care services: (A) provide a summary of the services and material items that the good faith estimate is based on; (B) include a total figure that is a sum of the amounts referred to in clause (A); and (C) state the out-of-pocket costs the covered individual will incur, if any, beyond the amount that the health carrier will pay or reimburse; and (2) in the case of a health maintenance organization or another health carrier that provides health care services: (A) provide a summary of the applicable benefit limitations of the health care services to which the covered individual is entitled; and (B) state the out-of-pocket costs the covered individual will incur, if any, beyond being provided the health care services referred to in clause (A). (b) A practitioner and provider facility shall provide a health carrier with the information needed by the health carrier to comply with the requirements under this chapter not more than two (2) business days after receiving the request. (c) A health carrier is not subject to the penalties under section 16 of this chapter if: (1) a provider facility or practitioner fails to provide the health carrier with the information as required under subsection (b); (2) the health carrier provides the individual with a good faith estimate based on any information that the health carrier has; and (3) the health carrier provides the individual with an updated good faith estimate after the provider facility or practitioner has provided the information required under subsection (b).