IN SB0003 | 2025 | Regular Session

Indiana Senate Bill 3

Status

Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on January 14 2025 - 25% progression
Action: 2025-01-16 - Senator Johnson T added as coauthor
Pending: Senate Health and Provider Services Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Fiduciary duty in health plan administration. Provides that any third party administrator, pharmacy benefit manager, employee benefit consultant, or insurance producer acting on behalf of a plan sponsor owes a fiduciary duty to the plan sponsor.

Title

Fiduciary duty in health plan administration.

History

Date	Chamber	Action
2025-01-16	Senate	Senator Johnson T added as coauthor
2025-01-16	Senate	Senator Garten added as third author
2025-01-16	Senate	Senator Charbonneau added as second author
2025-01-14	Senate	First reading: referred to Committee on Health and Provider Services
2025-01-14	Senate	Authored by Senator Busch

Indiana State Sources

Type	Source
Summary	https://iga.in.gov/legislative/2025/bills/senate/3/details
Text	https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0003/SB0003.01.INTR.pdf
Supplement	https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0003/fiscal-notes/SB0003.01.INTR.FN001.pdf