The bill would amend the Insurance Code to require a "health plan", a health professional, and a health facility to follow specified timely claims processing and payment procedures, which the Insurance Commissioner would have to establish; and prescribe the content of the procedures, including a provision that a clean claim would have to be paid within 45 days after it was received by a health plan, or bear interest at a 12% annual rate. A "health plan" would be any of the following: an insurer providing benefits under an expense-incurred hospital, medical, surgical, vision, or dental policy or certificate, including any policy or certificate that provided coverage for specific diseases or accidents only, or any hospital indemnity, Medicare supplement, long-term care, disability income, or one-time limited duration policy or certificate; hospital, medical, surgical, vision, dental, and sick care benefits provided under a multiple employer welfare arrangement (MEWA) regulated under the Code; a health maintenance organization; or a health care corporation operating under the Nonprofit Health Care Corporation Reform Act, which regulates Blue Cross and Blue Shield of Michigan. The bill would not apply to an entity regulated under the Worker's Disability Compensation Act; or to claims arising out of the Worker's Disability Compensation Act, or those provisions of the Insurance Code that regulate motor vehicle personal and property protection.