Increases interest rates and penalties for employers or insurers who fail to pay medical care bills.

New York A11714 amends the workers' compensation law to increase the interest rate from 1.5% to 3%, or up to 5%, for employers or insurers who do not pay medical care bills. It also imposes civil penalties for a pattern or practice of non-payment. The bill requires employers or insurers to pay the bill or notify the provider within 45 days. If they fail to do so, the provider can notify the board, which can award interest and penalties. The board considers the severity and frequency of non-payment when determining the interest rate and penalties.

Increases interest rates and penalties for employers or insurers who fail to pay medical care bills.

New York A11714 amends the workers' compensation law to increase the interest rate from 1.5% to 3%, or up to 5%, for employers or insurers who do not pay medical care bills. It also imposes civil penalties for a pattern or practice of non-payment. The bill requires employers or insurers to pay the bill or notify the provider within 45 days. If they fail to do so, the provider can notify the board, which can award interest and penalties. The board considers the severity and frequency of non-payment when determining the interest rate and penalties.