| SB 0343 | Changes interest calculation method for withheld health insurance reimbursements |
| Sponsor: | Schneider | |||
| LR Number: | S0011.02I | Fiscal Note: | 0011-02 | |
| Committee: | Insurance and Housing | |||
| Last Action: | 02/02/99 - Referred S Insurance & Housing Committee | Journal page: | S170 | |
| Title: | ||||
| Effective Date: | August 28, 1999 | |||
SB 343 - This act mandates interest payments to health
insurance claimants after 45 days if the claim amount is still
unpaid. The interest is calculated from the date the claim is
filed if any of the claim is still unpaid after 45 days. Current
law would calculate the interest beginning after the 45 day
period.
CHARLES HATCHER