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Office of the Revisor of Statutes

SF 455 Senate Long Description

Modifying certain prompt payment requirements for health plan +companies; requiring the companies or third party administrators to notify +health care providers of reasons for claims determination as unclean within a +certain number of days of receipt of the claims, specific reasons not to be +required in cases of suspected fraud; eliminating the authority of health plan +companies or third party administrators to require providers to bill the company +or administrator for interest, requiring periodic payments of interest +to the providers; eliminating the provision prohibiting the commissioner of +commerce from assessing financial administrative penalties against health plan+ companies for violation of the prompt payment requirements (ra)