Section 760IAC1-21-8.5. Payment into patient's compensation fund; annual surcharge for nursing homes

  5. A nursing home shall calculate their surcharge rate on a form prescribed by the department. The calculation shall include the following:

(1) The actual number and type of beds licensed by the state department of health.

(2) A per bed charge for for-profit facilities as follows:

(A) Ninety-three dollars and two cents ($93.02) for each comprehensive nursing care bed.

(B) Forty-two dollars and ninety-three cents ($42.93) for each residential nursing care bed.

(3) A per bed charge for not-for-profit facilities as follows:

(A) Seventy-seven dollars and fifty-two cents ($77.52) for each comprehensive nursing care bed.

(B) Thirty-five dollars and seventy-eight cents ($35.78) for each residential nursing care bed.

(4) A charge for each employed physician covered by the nursing home.

(Department of Insurance; 760 IAC 1-21-8.5; filed Feb 2, 2007, 3:08 p.m.: 20070228-IR-760060032FRA; filed Apr 18, 2011, 11:34 a.m.: 20110518-IR-760100245FRA; filed May 29, 2012, 3:22 p.m.: 20120627-IR-760120046FRA; readopted filed Nov 26, 2013, 3:43 p.m.: 20131225-IR-760130479RFA)