State

Arizona

Late Payment Due Date

30

Late Payment Percentage

10% (legal interest rate per the Medical Resources Office)

Arizona Revised Statute

23-1062.01. Timely payment of medical, surgical and hospital benefit billing; content of bills; contracts between providers and carriers; exceptions; definitions 

Statute or Regulation Text

If the billing is not paid within the applicable time period, the insurance carrier, self-insured employer or claims processing representative shall pay interest to the health provider on the billing at a rate that is equal to the legal rate. Interest shall be calculated beginning on the date that the payment to the health care provider is due.