State Codes and Statutes

Statutes > Kentucky > 205-00 > 626

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Page 1 of 1 205.626 Time assignment becomes enforceable -- Payment to cabinet -- Attorney's fees. (1) The assignment provided for by KRS 205.624 shall be binding and enforceable after the third parties have actual notice of the assignment. The third party shall be <br>discharged from liability under the assignment when it makes payment to a vendor <br>for medical care and services rendered on behalf of a recipient. (2) Any settlement, judgment, or award obtained by a recipient or the recipient's legal representative against a third party is subject to the cabinet's claim for <br>reimbursement for medical assistance paid on behalf of the recipient. (3) The attorney may receive a percentage not to exceed twenty-five percent (25%) of the amount paid to the cabinet that has been recovered in reimbursement from the <br>third party. The amount paid to the cabinet shall be excluded by the attorney when <br>computing the total amount recovered on behalf of the client and in final <br>computation of the client's bill. Effective: July 15, 1994 <br>History: Amended 1994 Ky. Acts ch. 506, sec. 1, effective July 15, 1994. -- Created 1980 Ky. Acts ch. 252, sec. 6, effective July 15, 1980.

State Codes and Statutes

Statutes > Kentucky > 205-00 > 626

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Page 1 of 1 205.626 Time assignment becomes enforceable -- Payment to cabinet -- Attorney's fees. (1) The assignment provided for by KRS 205.624 shall be binding and enforceable after the third parties have actual notice of the assignment. The third party shall be <br>discharged from liability under the assignment when it makes payment to a vendor <br>for medical care and services rendered on behalf of a recipient. (2) Any settlement, judgment, or award obtained by a recipient or the recipient's legal representative against a third party is subject to the cabinet's claim for <br>reimbursement for medical assistance paid on behalf of the recipient. (3) The attorney may receive a percentage not to exceed twenty-five percent (25%) of the amount paid to the cabinet that has been recovered in reimbursement from the <br>third party. The amount paid to the cabinet shall be excluded by the attorney when <br>computing the total amount recovered on behalf of the client and in final <br>computation of the client's bill. Effective: July 15, 1994 <br>History: Amended 1994 Ky. Acts ch. 506, sec. 1, effective July 15, 1994. -- Created 1980 Ky. Acts ch. 252, sec. 6, effective July 15, 1980.

State Codes and Statutes

State Codes and Statutes

Statutes > Kentucky > 205-00 > 626

Download pdf
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Page 1 of 1 205.626 Time assignment becomes enforceable -- Payment to cabinet -- Attorney's fees. (1) The assignment provided for by KRS 205.624 shall be binding and enforceable after the third parties have actual notice of the assignment. The third party shall be <br>discharged from liability under the assignment when it makes payment to a vendor <br>for medical care and services rendered on behalf of a recipient. (2) Any settlement, judgment, or award obtained by a recipient or the recipient's legal representative against a third party is subject to the cabinet's claim for <br>reimbursement for medical assistance paid on behalf of the recipient. (3) The attorney may receive a percentage not to exceed twenty-five percent (25%) of the amount paid to the cabinet that has been recovered in reimbursement from the <br>third party. The amount paid to the cabinet shall be excluded by the attorney when <br>computing the total amount recovered on behalf of the client and in final <br>computation of the client's bill. Effective: July 15, 1994 <br>History: Amended 1994 Ky. Acts ch. 506, sec. 1, effective July 15, 1994. -- Created 1980 Ky. Acts ch. 252, sec. 6, effective July 15, 1980.