HOUSE BILL 606

File Code: Insurance - Health and Life Prior Year Introduction As: HB 931/96 - ECM

Sponsored By:

Delegates Frank, Exum, Love, Workman, and Morhaim

Entitled:

Health Insurance - Payment of Interest on Claims

Synopsis:

Altering the circumstances under which a nonprofit health service plan, health insurer, or health maintenance organization is not required to pay interest on unpaid claims; and requiring a nonprofit health service plan, health insurer, or health maintenance organization to pay interest on unpaid claims under specified circumstances.

Legislative History

House Action

1/30

First Reading Economic Matters

2/12

Hearing 2/25 at 1:00 p.m.

3/24

Unfavorable Report by Economic Matters

Senate Action

No Action

Sponsored by:

Delegate Robert L. Frank, District 11

Delegate Nathaniel Exum, District 24

Delegate Mary Ann E. Love, District 32

Delegate Dan K. Morhaim, District 11

Delegate Betty Workman, District 1B

Bill indexed under the following Subjects:

HEALTH INSURANCE -see also- HMO; MANAGED CARE ORGANIZATIONS.

HEALTH MAINTENANCE ORGANIZATIONS

INTEREST

Bill affects the following Statutes:

Health - General

( 19-712.1 )

Insurance

( 15-1005 )

Documents:

Bill Text:

First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)