Delayed Work Comp or Auto No -Fault Claims Payment?

Are you struggling to get your Work Comp or Auto claims paid timely? Learn what you can do!
 Under Michigan’s Workers Compensation Rules: 

• The provider should receive payment within 30 days.
  
• If the practitioner does not receive payment within 30 days of submitting a properly completed bill to the carrier, the Rules say that the carrier must pay the maximum allowable payment, plus a 3% late fee.
• The late fee due is paid one time and is not compounded. 

Under Michigan law [MCL 500.3142(2) and (3)]: 

Entity                                                       Interest Rate                                                   Notes
Worker's Comp                                           3%                                                               After 30 days (one time)
Auto No Fault                                             12% simple interest                                     After 30 days then 1% monthly
Health Insurance Carrier                           12% simple interest                                     After 45 days 




Sources:
Michigan Department of Insurance and Financial Services
Michigan Workers Compensation Agency
MCL 500.3142