(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).As added by P.L.107-1996, SEC.6 and P.L.257-1996, SEC.6. Amended by P.L.42-2011, SEC.29.
Indiana Legal Code