Ohio Administrative Code
Title 4123 - Bureau of Workers' Compensation
Chapter 4123-6 - Health Partnership Program
Section 4123-6-42 - Interest on late payments for equipment, materials, goods, supplies or services in state insurance fund, public work relief employees' compensation fund, coal workers pneumoconiosis fund, and marine industry fund claims
Current through all regulations passed and filed through September 16, 2024
(A) Payment is made for equipment, materials, goods, supplies, or services incurred by the claimant in connection with claims against the state insurance fund, public work relief employees' compensation fund, coal workers pneumoconiosis fund, or marine industry fund in accordance with section 126.30 of the Revised Code. For the purpose of this rule, the required payment date is the date on which payment is due under the terms of a written agreement between the bureau, or its agent, and the provider. Payment will be made either thirty days after the bureau, or its agent, receives a proper invoice for the amount of the payment due, or thirty days after the final adjudication allowing payment of an award to the claimant, whichever is later.
(B) Interest shall be paid based on division (E) of section 126.30 of the Revised Code. Any interest charges payable under section 126.30 of the Revised Code are to be paid by the bureau of workers' compensation.
Five Year Review (FYR) Dates:
08/26/2015 and
08/25/2020
Promulgated
Under: 119.03
Statutory Authority: 126.30, 4121.12, 4121.121,
4121.30, 4121.31, 4123.05
Rule Amplifies: 126.30, 4121.12, 4121.121,
4121.44, 4121.441, 4123.66
Prior Effective Dates: 2/12/97,
2/1/10