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Office of the Revisor of Statutes

SF 1451 Senate Long Description

Requiring and providing for prompt payment of certain health care provider claims by health maintenance organizations (HMO) and nonprofit health service plan corporations; specifying certain time limits for claims payment or denial; requiring interest on late payments, specifying the rate, prohibiting an increase in premium rates to obtain funds to pay interest payments or collection costs, providing for delayed payments in cases of dispute or claims errors (mk)