Section 12-15-13-1.5 - Payment of interest on claims submitted by nursing facilities(a) This section applies only to claims submitted for payment by nursing facilities.(b) If the office: (1) fails to pay a clean claim in the time required under section 1(b) of this chapter; or(2) denies or suspends a claim that is subsequently determined to have been a clean claim when the claim was filed; the office shall pay the provider interest on the Medicaid allowable amount of the claim.
(c) Interest paid under subsection (b): (1) accrues beginning: (A) twenty-two (22) days after the date the claim is filed under section 1(b)(1) of this chapter; or(B) thirty-one (31) days after the date the claim is filed under section 1(b)(2) of this chapter; and(2) stops accruing on the date the office pays the claim.(d) The office shall pay interest under subsection (b) at the same rate as determined under IC 12-15-21-3(7)(A).Amended by P.L. 42-2011, SEC. 29, eff. 4/20/2011.As added by P.L. 107-1996, SEC.6 and P.L. 257-1996, SEC.6.