summary
Introduced
01/20/2015
01/20/2015
In Committee
01/20/2015
01/20/2015
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th General Court
Bill Summary
Relative to lump sum payment for services. Financial Services.
AI Summary
This bill amends Chapter 175 of the general laws, which pertains to insurance companies, by adding a new section that requires insurance companies to directly reimburse service providers, or issue payments jointly to both the service provider and the claimant, when making a one-time payment for services rendered under an insurance contract. This ensures that the service provider receives their payment promptly for nonrecurring services, though it does not prevent insurers from negotiating separate reimbursement rates with service providers who do not participate in their network.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Accompanied a study order, see H4111 (on 03/28/2016)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/189/House/H850 |
| State Bill Page | https://malegislature.gov/Bills/189/H850 |
| Bill | https://malegislature.gov/Bills/189/H850.pdf |
Loading...