S5323 — Authorizes the imposition of penalties on subcontractors for failure to adhere to the standards for prompt, fair and equitable settlement of claims for health care and payments for health care services

S5323 — Authorizes the imposition of penalties on subcontractors for failure to adhere to the standards for prompt, fair and equitable settlement of claims for health care and payments for health care services · Informed CitizenryThis bill amends the insurance law to modify how penalties are applied for failing to meet standards for the prompt, fair, and equitable settlement of health care claims and payments. Specifically,…Open in Informed Citizenry