An Act concerning equitable allocation of recovery proceeds for subrogation claims

H 5062 establishes rules for how health insurers and injured people split recovery money from third-party injury claims. It requires that insurers' reimbursement claims be limited to the proportion of medical benefits they paid relative to the injured person's total damages. If the settlement or judgment is less than the full damages, courts can reduce the insurer's claim after reviewing the case. The bill also creates a court process for resolving disputes over fair allocation of recovery funds, including attorney fees, when the injured person and insurer cannot agree. This directly affects injured individuals, health insurers, and hospitals that provided medical benefits.