265.864 Prompt Payment
The Medical Society of the State of New York will work with the New York State Department of Financial Services to ensure prompt payment complaints from physicians against health insurers are resolved expeditiously, preferably within 30 days of the complaint; and MSSNY will advocate for legislation that would increase the current prompt payment interest penalty above the current 12% per year threshold. (HOD 2015-61; Reaffirmed HOD 2021-56; Reaffirmed HOD 2025)
