Sec. 8. The following requirements apply to funds appropriated by the general assembly to the plan and the incremental fee used for purposes of IC 16-21-10-13.3:
(1) At least eighty-seven percent (87%) of the funds must be used to fund payment for health care services. (2) An amount determined by the secretary to fund: (A) administrative costs of; and (B) any profit made by; a managed care organization under a contract with the office to provide health coverage under the plan. The amount determined under this subdivision may not exceed thirteen percent (13%) of the funds. As added by P.L.213-2015, SEC.136. Amended by P.L.152-2017, SEC.35; P.L.63-2026, SEC.28.