House Bill 506

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Last Action to Banking & Insurance (H)
Title AN ACT relating to the payment of insurance claims for reimbursement of health care services.
Bill Documents Introduced
Bill Request Number 1708
Sponsor M. Prunty
Summary of Original Version Create a new section of Subtitle 12 of KRS Chapter 304 to require insurers that fail to timely pay claims for reimbursement of health care services to pay interest and be subject to liability for any damages caused by the delay in payment; amend KRS 304.12-235 and KRS 304.39-210 to conform; amend KRS 304.39-241 to allow the assignment of certain loss claims for medical expense under the Motor Vehicle Reparations Act; EFFECTIVE January 1, 2019.
Index Headings of Original Version Effective Dates, Delayed - Insurance claims, reimbursement of health care services, January 1, 2019
Hospitals and Nursing Homes - Insurance claims, reimbursement of health care services, establishing remedies for untimely payment
Insurance - Insurance claims, reimbursement of health care services, establishing remedies for untimely payment
Insurance, Motor Vehicle - Motor Vehicle Reparations Act, assignment of benefits for health care services, allowing
Interest and Usury - Insurance claims, reimbursement of health care services, establishing remedies for untimely payment
Physicians and Practitioners - Insurance claims, reimbursement of health care services, establishing remedies for untimely payment

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02/26/18
  • introduced in House
02/28/18
  • to Banking & Insurance (H)


Last updated: 1/16/2019 3:00 PM (EST)