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Are Stop Loss Carriers Subject to Prompt Pay Statutes?
Health Plan Law 
[Guidance Overview] June 11, 2009
Excerpt: Stop loss insurance is frequently the subject of inquiry that borders on the metaphysical. Is it a form of accident and health insurance? Property and casualty insurance? Is it 'reinsurance'? This recent legal opinion from the New York Insurance Department is interesting. It required classification of stop loss insurance in the first instance. The ultimate question was whether stop loss carriers are subject to New York's prompt pay laws.
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