AN ACT ESTABLISHING A CIVIL PENALTY FOR DELAYED PROCESSING OF HEALTH INSURANCE CLAIMS.
Sponsored By: Geoff Luxenberg (Democratic)
Failed
Summary
To require that the Insurance Department, in consultation with the Department of Public Health, establish a civil penalty of ten thousand dollars per violation, to be deposited in the Insurance Fund and allocated to the Office of the Healthcare Advocate, for any health insurance company that fails to (1) process any health insurance claim within five business days of receipt of such claim, or (2) if approved, reimburse the health care provider by mail within five business days of approval of such claim.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Geoff Luxenberg
Democratic • House
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Referred to Joint Committee on Insurance and Real Estate
1/21/2025legislature
Bill Text
Proposed Bill
1/21/2025
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