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FL H0967
Bill
Status
2/23/2011
Primary Sponsor
Debbie Boyd
Click for details
AI Summary
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Gives circuit courts exclusive jurisdiction over challenges to arbitration decisions under Florida's Motor Vehicle No-Fault Law and requires requests to self-insured corporations for disclosure be sent by certified mail
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Requires insured persons and assignees (such as medical providers) to comply with policy terms, including submitting to examinations under oath, as a condition precedent to receiving PIP benefits
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Specifies Medicare fee schedules for reimbursement calculations, using the schedule in effect on January 1 of the year services were rendered, and gives providers 15 days to correct improperly completed claim forms
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Caps attorney's fees at $200 per billable hour with additional limits based on disputed amounts (ranging from $5,000 to $15,000 maximum), prohibits contingency risk multipliers, and limits class action attorney's fees to $50,000 or three times the disputed amount recovered
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Authorizes insurers to include binding arbitration provisions in PIP policies, requiring arbitration within 60 days of a request, with written decisions within 30 days and de novo review available in circuit court within 20 days
Legislative Description
Personal Injury Protection Insurance
Last Action
Indefinitely postponed and withdrawn from consideration
5/7/2011