Decreases allowable time to file certain claims under the Unfair Claims Settlement Practices Act.
Amends the Unfair Claims Settlement Practices Act by decreasing the allowable time to file certain claims. This change affects the timeline for filing claims related to insurance policies and health benefit plans, aiming to expedite the claims process. The amendment specifies new time limits for filing claims, impacting policyholders and insurers by potentially reducing the period within which claims can be contested or settled.
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