Potential Strategy for Dealing with Late Insurance Payments

AN ACADEMIC Professional colleague contacted us to comment on a successful strategy employed to address delinquent health insurance payments. 

THE PERSON’S doctor was threatening legal action due to the State's tardiness in paying bills (this began for the individual approximately five-to-six months ago).  Communication was orchestrated with the insurer Cigna, and representatives from the doctor. As soon as Cigna informed the doctor's business manager that the State would pay 9% interest when the doctors ultimately got paid, the doctor’s office was quite happy and has left the employee alone ever since.

AS OF last week, it also looks like the State has begun paying the related medical bills from last June. 

OTHER EMPLOYEES struggling with these concerns may want to inform their medical providers that the State is required to pay interest on any late payments.