(2) If the claim is filed on paper, not more than forty-five (45) days after the date the claim is received by the payor.(b) If:(1) a payor fails to pay or deny a clean claim in the time required under subsection (a); and(2) the payor subsequently pays the claim;the payor shall pay the medical service provider that submitted the claim interest on the amount of the payor's pecuniary liability under IC 22-3-2 through IC 22-3-7 for the claim paid under this section.(c) Interest paid under subsection (b):(1) accrues beginning:(A) thirty-one (31) days after the date the claim is received under subsection (a)(1); or(B) forty-six (46) days after the date the claim is received under subsection (a)(2); and(2) stops accruing on the date the claim is paid.(d) In paying interest under subsection (b), a payor shall use the same interest rate as provided in IC 12-15-21-3(7)(A).As added by P.L.160-2022, SEC.10.
Indiana Legal Code