Current through 2024, ch. 69
Section 24A-8-6 - [Contingent effective date. See note below. Repealed effective 7/1/2030] Due dates; health care delivery and access assessment; directed paymentsA. For the period from July 1, 2024 through December 31, 2024, a hospital shall pay the assessment to the taxation and revenue department as follows: (1) by March 10, 2025 for the uniform rate increase; and(2) by May 10, 2025 for the quality incentive payment.B. For calendar year 2025 and thereafter, a hospital shall pay the assessment to the taxation and revenue department as follows:(1) seventy days after the end of each calendar quarter for the uniform rate increase for that quarter; and(2) by May 10 of the subsequent year for the quality incentive payment, unless approval by the centers for medicare and medicaid services of the medicaid-directed payment program for that year has not been received by the assessment's due date, in which case the due date for that assessment shall be forty-five days after such approval is received.C. An assessment shall not be due earlier than forty-five days after the date the centers for medicare and medicaid services approves the necessary authorization sought by the secretary pursuant to Section 12 of this 2024 act for the applicable period.D. The authority shall make directed payments to a managed care organization as follows: (1) for the period beginning on July 1, 2024 and ending on December 31, 2024, the authority shall transfer the uniform rate increase funding to a managed care organization in one installment by March 15, 2025 and the quality incentive payment by May 15, 2025; and(2) for calendar years 2025 and thereafter, the authority shall transfer the uniform rate increase funding to the managed care organization on a quarterly basis no later than seventy-five days after the end of the quarter and the quality incentive payment by May 15 of the subsequent calendar year.E. If the assessment due date has been postponed due to a delay in approval by the centers for medicare and medicaid services, the payments shall be due five days after the extended assessment due date.F. The authority shall require a managed care organization to make directed payments to hospitals no more than fifteen days after receipt of such payments from the authority.