Rhode Island General Laws 27-20.6-4. Failure to comply
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The failure of any insurer to comply with a written request for reimbursement within forty-five (45) days of receipt of the request shall result in the imposition of interest upon the amount of money due at the rate of one percent (1%) per month from the date the request for reimbursement was made until the date payment is made.
History of Section.
P.L. 1989, ch. 373, § 1.
Terms Used In Rhode Island General Laws 27-20.6-4
- Insurer: means every nonprofit medical service corporation, hospital service corporation, health maintenance organization, or other insurer offering and/or insuring health services; the term shall in addition include any entity defined as an insurer under § 42-62-4. See Rhode Island General Laws 27-20.6-1