The Property Casualty Insurers Association of America urged Indiana Gov. Mike Pence to sign House Bill 1320, which would install a hospital fee schedule with reimbursements set at 200% of Medicare. House and Senate lawmakers finalized the bill as the 2013 legislative session ended last week and sent it to Pence's desk for his signature. The bill would also cap the price of repackaged drugs at the average wholesale price set by the original manufacturer and cap the price of implants at 25% above the actual cost. The Property Casualty Insurers Association of America issued a news release thi...
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