An additional 1% per month should be included as interest on overdue balances for workers' compensation medical bills in Washington.
State |
Washington |
Late Payment Due Date |
60 days |
Late Payment Percentage |
1 % per month |
Revised Code of Washington |
RCW 51.36.085 Payment of fees and medical charges by self-insurers—Interest. |
Statute or Regulation Text |
RCW 51.36.080 … For insured cases, the department shall pay interest at the rate of 1 % per month, but at least one dollar per month, whenever the payment period exceeds the applicable sixty-day period on all proper fees and medical charges.
RCW 51.36.085 … The self-insured shall pay interest at the rate of one percent per month, but at least one dollar per month, whenever the payment period exceeds the applicable sixty-day period on all proper fees and medical charges.
|
daisyBill Solution
With daisyBill’s Revenue Cycle Management technology, it takes about 5 seconds to file an Audit Complaint.
REQUEST DEMO