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 discharged from liability under the assignment when it makes payment to a vendor 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 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 third party. The amount paid to the cabinet shall be excluded by the attorney when computing the total amount recovered on behalf of the client and in final computation of the client's bill. Effective: July 15, 1994 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.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.