Prompt payment of insurance claims.

Wyoming's SF 100 requires insurers and their intermediaries to pay pharmacies within 21 days for electronic pharmacy claims and 30 days for non-electronic claims, provided the claim is "clean" (complete with all required documentation). If payment isn't made on time, insurers must pay 18% annual interest. The bill defines "clean claims" as those without deficiencies, mandates insurers to notify pharmacies of missing information within 10-15 days, and prohibits insurers from charging pharmacies fees for payment processing. This applies to all pharmacy benefit contracts and takes effect July 1, 2024.