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Bill > H850


MA H850

MA H850
Relative to payment for services


summary

Introduced
01/20/2015
In Committee
01/20/2015
Crossed Over
Passed
Dead
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)

bill text


bill summary

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