MI HB5527

Changes language in MCL 500.2006 from "shall not be found to have" to "has not" committed an unfair trade practice when an insurer pays interest on claims following a court judgment.

Removes the word "considered" from provisions regarding timely payment of claims supported by proof of loss, making the language more direct about payment obligations.

Changes "if" to "because" in subsection (3) regarding circumstances when payment is not untimely, clarifying that inability to pay is due to lack of a valid release recipient or inability to determine proper payment recipient.

Updates the health facility definition in subsection (14)(b) to reference MCL 333.21925 instead of MCL 333.22260, reflecting amendments to the Public Health Code.

Replaces "shall" with "must" in subsections (8)(d) and (8)(e) regarding health plan obligations to pay clean claims and notify providers of adverse determinations.

Takes effect 90 days after enactment and is contingent upon Senate Bill No. ____ or House Bill No. 5510 being enacted into law.