1. (a) This section applies only to claims submitted for payment by nursing facilities.

2. (b) If the office:

   1. (1) fails to pay a clean claim in the time required under section 1(b) of this chapter; or

   2. (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.

3. (c) Interest paid under subsection (b):

   1. (1) accrues beginning:

      1. (A) twenty-two (22) days after the date the claim is filed under section 1(b)(1) of this chapter; or
      2. (B) thirty-one (31) days after the date the claim is filed under section 1(b)(2) of this chapter; and
   2. (2) stops accruing on the date the office pays the claim.
4. (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.