Utah Code Ann. § 31A-4-107.5 – Penalty for failure of a regulated health insurance entity to fulfill duties related to state claims for Medicaid payment or recovery. | Midpage
§ 31A-4-107.5
Utah Code Ann. § 31A-4-107.5
Penalty for failure of a regulated health insurance entity to fulfill duties related to state claims for Medicaid payment or recovery.
Effective May 3, 2023Amended by Chapter 327, 2023 General Session
(1) For purposes of this section, "regulated health insurance entity" means a health insurance entity, as defined in Section 26B-3-1001, that is subject to regulation by the department.
(2) If a regulated health insurance entity fails to comply with the provisions of Section 26B-3-1004:
(a) the commissioner may revoke or suspend, in whole or in part, a license, certificate of authority, registration, or other authority that is granted by the commissioner to the regulated health insurance entity; and
(b) the regulated health insurance entity is subject to the penalties and procedures provided for in Section 31A-2-308.