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Tex. Lab. Code § 413.019

INTEREST EARNED FOR DELAYED PAYMENT, REFUND, OR OVERPAYMENT

Known as the Texas Workers' Compensation Act

The act spans §§ 401–419 (623 sections).

Applied in 2 court decisions — leading case Vista Medical Center Hospital v. Texas Mutual Insurance Company (2013)

Most recently applied in Vista Medical Center Hospital v. Texas Mutual Insurance Company (September 2013)

Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff

(a) Interest on an unpaid fee or charge that is consistent with the fee guidelines accrues at the rate provided by Section 401.023 beginning on the 60th day after the date the health care provider submits the bill to an insurance carrier until the date the bill is paid.

(b) Interest on a refund from a health care provider accrues at the rate provided by Section 401.023 beginning on the 60th day after the date the provider receives notice of alleged overpayment from the insurance carrier until the date the refund is paid.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.