by Marius Ged, on Jul 3, 2023 10:39:36 AM
As medical providers in Florida, staying informed about recent legislative changes that can significantly impact your practice is essential. One such development is the signing of House Bill 837 into law by Governor Ron DeSantis.
The Tort Reform Act introduces notable modifications to Florida's personal injury protection (PIP) laws.
In this blog post, we will explore the critical aspects of House Bill 837 and its implications for medical providers, focusing on the changes to PIP laws.
Background on FL House Bill 837
House Bill 837, signed on March 24, 2023, addresses longstanding issues in Florida's legal landscape, including the prevalence of frivolous lawsuits and predatory practices of certain trial attorneys.
The bill introduces reforms to various areas, such as bad faith litigation, comparative negligence, the statute of limitations, attorney fees, and premises liability. However, we will primarily focus on its impact on the PIP laws.
Changes to Personal Injury Protection Laws
1) Statute of Limitations
One significant change by House Bill 837 is the reduction of the statute of limitations for negligence actions from four years to two years, with exceptions for active duty military.
This shorter timeframe emphasizes the need for timely claim submissions and encourages swift resolution of PIP cases.
2) Comparative Negligence Standard
Under the new law, adopting a modified comparative negligence standard affects the ability of plaintiffs to recover damages. If a plaintiff is found to be 51% or more at fault for their injuries, they may be unable to recover damages.
Medical providers must understand how this standard may impact the outcome of PIP cases.
3) Changes in Attorney Fees
House Bill 837 eliminates the one-way attorney fee provision previously available under Fla. Stat. 627.428. This provision allowed plaintiffs to recover fees and costs even in cases with modest recoveries.
The Role of Medical Providers in the Changing Landscape
As medical providers, adapting to these changes in PIP laws and optimizing your revenue recovery strategies is essential.
Partnering with a trusted PIP recovery service like PIP Recoveries can unlock opportunities to address underpaid or unpaid claims from insurance companies. With their expertise and resources, this service can help you navigate the evolving legal landscape and ensure fair compensation for your assistance.
By collaborating with PIP Recoveries, medical providers can benefit from their extensive knowledge of PIP laws and regulations and their experience in handling complex claim disputes.
They can assist you in maximizing revenue recovery, reducing administrative burdens, and achieving favorable outcomes in PIP cases.
Navigate the New Legal Landscape With a Trusted Partner
House Bill 837 significantly changes Florida's PIP laws, impacting medical providers and their ability to recover rightful compensation for their services. Staying informed about these legislative developments is crucial for navigating the evolving legal landscape and optimizing insurance payout recovery strategies.
In light of these changes, partnering with PIP Recoveries can be a valuable step for medical providers in unlocking more revenue and ensuring fair compensation.
With their specialized expertise in dealing with underpaid and unpaid claims, PIP Recoveries can assist you in addressing these oversights from insurance companies, streamlining the claims process, and optimizing your financial performance.
As Florida's legal landscape continues to evolve, medical providers need to adapt and seek trusted partnerships to navigate these changes successfully.
Embracing proactive revenue recovery strategies can protect your practice's financial well-being and contribute to the overall sustainability and growth of the healthcare industry in Florida.
Learn more about how medical providers like you can boost income streams through PIP claim recoveries with our free guide.
When you're ready to scale your medical practice further, contact us for a free consultation to begin.
Disclaimer:
The information provided in this blog post is for informational purposes only and should not be construed as legal or financial advice. Medical providers are encouraged to consult with their legal and financial advisors to understand the specific implications of House Bill 837 and its impact on their practice.
