Recently, the State of New York passed into law a statute which many trial lawyers and members of our industry are calling the “anti-subrogation law.” While the law may limit subrogation rights in the State, we certainly feel that the matter deserves more investigation. Over the past few months we at The Phia Group have been researching the issue and have created new procedures to protect reimbursement rights to the highest degree possible. All payers in New York need to seek out ways to protect their rights to pursue reimbursements for charges arising from third party responsibility. We want all of you to know that The Phia Group can help.

Suggestions that, under the new law recently passed by New York State, any and all rights to recover funds are null and void may be greatly exaggerated. Attorneys at The Phia Group have analyzed New York’s so-called “anti-subrogation” bill, and we have determined that this law may not fully eliminate benefit plan rights or opportunities to recoup claims paid from responsible third parties.

Please note that while it is true that this bill limits benefit plan rights to subrogate or seek reimbursement from plan beneficiaries, we surmise that it may not eliminate Plan rights to seek reimbursement from responsible third parties. We are confident that, with our help, benefit plans providing coverage in New York State can continue to pursue reimbursement and attempt to recoup funds in cases involving responsible third parties.

If this is a matter which affects you, it is in your best interest to contact The Phia Group as soon as possible. We look forward to discussing this matter with you in greater detail at your earliest convenience.

Tags:

This entry was posted by Adam V. Russo on Monday, January 18th, 2010 at 12:28 pm and is filed under New York. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.