Florida Senate - 2017 COMMITTEE AMENDMENT Bill No. SB 1766 Ì482232yÎ482232 LEGISLATIVE ACTION Senate . House Comm: WD . 04/13/2017 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— The Committee on Banking and Insurance (Lee) recommended the following: 1 Senate Amendment 2 3 Between lines 588 and 589 4 insert: 5 (i) Upon receiving notice of an accident that is 6 potentially covered by medical payments benefits, the insurer 7 must reserve $2,500 of medical payments benefits for payment to 8 physicians licensed under chapter 458 or chapter 459 or dentists 9 licensed under chapter 466 who provide emergency services and 10 care, as defined in s. 395.002, or who provide hospital 11 inpatient care. The amount required to be held in reserve may be 12 used only to pay claims from such physicians or dentists until 13 30 days after the date the insurer receives notice of the 14 accident. After the 30-day period, any amount of the reserve for 15 which the insurer has not received notice of such claims may be 16 used by the insurer to pay other claims. The time periods 17 specified in paragraph (b) for payment of medical payments 18 benefits are tolled for the period of time an insurer must hold 19 payment of a claim that is not from such physician or dentist to 20 the extent that the medical payments benefits not held in 21 reserve are insufficient to pay the claim. This paragraph does 22 not require an insurer to establish a claim reserve for 23 insurance accounting purposes.