205.626 Time assignment becomes enforceable -- Payment to cabinet -- Attorney's fees. - Kentucky Statutes

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Page 1 of 1 205.626 Time assignment becomes enforceable -- Payment to cabinet -- Attorney's fees. (1) The assignment provided for by KRS 205.624 shall be binding and enforceable after the third parties have actual notice of the assignment. The third party shall be
discharged from liability under the assignment when it makes payment to a vendor
for medical care and services rendered on behalf of a recipient. (2) Any settlement, judgment, or award obtained by a recipient or the recipient's legal representative against a third party is subject to the cabinet's claim for
reimbursement for medical assistance paid on behalf of the recipient. (3) The attorney may receive a percentage not to exceed twenty-five percent (25%) of the amount paid to the cabinet that has been recovered in reimbursement from the
third party. The amount paid to the cabinet shall be excluded by the attorney when
computing the total amount recovered on behalf of the client and in final
computation of the client's bill. Effective: July 15, 1994
History: Amended 1994 Ky. Acts ch. 506, sec. 1, effective July 15, 1994. -- Created 1980 Ky. Acts ch. 252, sec. 6, effective July 15, 1980.