Limits the lookback period for insurance overpayment recovery from health care providers to twelve months

Bill A 3365 limits the timeframe insurance companies have to recover overpayments from healthcare providers. It reduces the "lookback period" from the current 24 months to 12 months after the original payment was received. This means health plans must initiate overpayment recovery efforts within one year. However, this 12-month limit does not apply if the overpayment recovery is based on suspected fraud, intentional misconduct, abusive billing, or if it's initiated by a self-insured plan or government program. This bill directly affects how health insurance companies and healthcare providers manage financial discrepancies.