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N.Y. Health Plans Pay Claims More Quickly

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NU Online News Service, Jan. 30, 2004, 1:21 p.m. EST – New York state insurance regulators say health plans seem to be paying claims more quickly.[@@]

The number of complaints about violations of the state’s “prompt pay” law fell to 13,577 in 2003, down 31% from the total recorded when the law went into effect in 1998, regulators say.

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New York requires health insurers and health maintenance organizations to pay clean claims within 45 days of receipt.