Illinois Administrative Code
Title 74 - PUBLIC FINANCE
Part 900 - JOINT RULES OF THE COMPTROLLER AND THE DEPARTMENT OF CENTRAL MANAGEMENT SERVICES: PROMPT PAYMENT
Section 900.130 - Special Rules and Procedures Regarding the Application of the Act to the State Employee's Group Insurance Program
Current through Register Vol. 48, No. 12, March 22, 2024
For claims for payment related to the State Employee's Group Insurance Program the following applies:
a) Late payment interest pertaining to health care payments may be made to and requested by a:
b) The Date of Approval shall be the date the Department of Central Management Services approves the bill. The approval date given by an Administrative Services Organization (ASO) is not approval for purposes of determining whether a payment is late.
c) The Date of Payment of the claim to the member or Vendor shall be the later of the date on the check or the date DCMS instructs a claims administrator to make the payment; ordinarily, this date is referred to as the date the payment has been released.
d) A request for interest must contain the following information to be processed:
Social Security number
Date of Service
Amount of claim
Claim control number
e) Interest shall be payable only to the designated payee indicated on the claim. Ordinarily, the payee is the Vendor; however: