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71-5-1421 - Prompt payment of claims and liability for bad faith failure to pay claims promptly.

71-5-1421. Prompt payment of claims and liability for bad faith failure to pay claims promptly.

Any managed care organization providing long-term care services shall be subject to the same requirements regarding prompt payment of claims, and the additional liability for bad faith failure to pay claims promptly, as are applicable under § 56-32-226, and any regulations relating thereto.

[Acts 2008, ch. 1190, § 25.]  

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