Kentucky Statutes 205.626 – Time assignment becomes enforceable — Payment to cabinet — Attorney’s fees
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(1) The assignment provided for by KRS § 205.624 shall be binding and enforceable after the third parties have actual notice of the assignment. The third party shall be discharged from liability under the assignment when it makes payment to a vendor for medical care and services rendered on behalf of a recipient.
(2) Any settlement, judgment, or award obtained by a recipient or the recipient’s legal representative against a third party is subject to the cabinet‘s claim for reimbursement for medical assistance paid on behalf of the recipient.
(3) The attorney may receive a percentage not to exceed twenty-five percent (25%) of the amount paid to the cabinet that has been recovered in reimbursement from the third party. The amount paid to the cabinet shall be excluded by the attorney when computing the total amount recovered on behalf of the client and in final computation of the client’s bill.
Effective: July 15, 1994
History: Amended 1994 Ky. Acts ch. 506, sec. 1, effective July 15, 1994. — Created
1980 Ky. Acts ch. 252, sec. 6, effective July 15, 1980.
(2) Any settlement, judgment, or award obtained by a recipient or the recipient’s legal representative against a third party is subject to the cabinet‘s claim for reimbursement for medical assistance paid on behalf of the recipient.
Terms Used In Kentucky Statutes 205.626
- Attorney: means attorney-at-law. See Kentucky Statutes 446.010
- Cabinet: means the Cabinet for Health and Family Services. See Kentucky Statutes 205.010
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(3) The attorney may receive a percentage not to exceed twenty-five percent (25%) of the amount paid to the cabinet that has been recovered in reimbursement from the third party. The amount paid to the cabinet shall be excluded by the attorney when computing the total amount recovered on behalf of the client and in final computation of the client’s bill.
Effective: July 15, 1994
History: Amended 1994 Ky. Acts ch. 506, sec. 1, effective July 15, 1994. — Created
1980 Ky. Acts ch. 252, sec. 6, effective July 15, 1980.