Sec. 9. (a) If: (1) an insurer (as defined in IC 27-1-2-3(x)); (2) a health maintenance organization (as defined in IC 27-13-1-19); (3) a preferred provider plan (as defined in IC 27-8-11-1(g)); or (4) any other person; violates this chapter, the insurance commissioner may enter an order requiring the person to cease and desist from violating this chapter. (b) If a person violates a cease and desist order issued under subsection (a), the insurance commissioner, after notice and hearing under IC 4-21.5, may: (1) impose a civil penalty upon the person of not more than ten thousand dollars ($10,000) for each day of violation; (2) suspend or revoke the person's certificate of authority, if the person holds a certificate of authority under this title; or (3) both impose a civil penalty upon the person under subdivision (1) and suspend or
revoke the person's certificate of authority under subdivision (2). As added by P.L.42-2022, SEC.1.