New Jersey § 17B:30-32 Overdue capitation payment.

New Jersey Statutes

§ 17B:30-32 — Overdue capitation payment.

New Jersey § 17B:30-32

Title 17BINSURANCE

This text of New Jersey § 17B:30-32 (Overdue capitation payment.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 17B:30-32 (2026).

Text

7.

a.Payment of a capitation payment to a health care provider shall be deemed to be overdue if not remitted to the provider on the fifth business day following the due date of the payment in the contract, if: the health care provider is not in violation of the terms of the contract; and the health care provider has supplied such information to the insurer as may be required under the contract before payment is to be made.

b.An overdue payment shall bear simple interest at the rate of 10% per annum. L.1999,c.155,s.7.

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7. a. Payment of a capitation payment to a health care provider shall be deemed to be overdue if not remitted to the provider on the fifth business day following the due date of the payment in the contract, if: the health care provider is not in violation of the terms of the contract; and the health care provider has supplied such information to the insurer as may be required under the contract before payment is to be made. b. An overdue payment shall bear simple interest at the rate of 10% per annum. L.1999,c.155,s.7.