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A03986 Summary:
BILL NO | A03986 |
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SAME AS | SAME AS S02105 |
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SPONSOR | Bores |
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COSPNSR | |
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MLTSPNSR | |
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Amd §§3217-b & 4325, add §4242, Ins L; amd §4406-c, Pub Health L | |
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Authorizes an insurer to pay a claim for reimbursement made by a provider using a credit card, virtual credit card or electronic funds transfer payment method that imposes on the provider a free or similar charge to process the payment; defines "virtual credit card" as a single-use series of numbers linked to a fixed dollar amount and provided by an insurer to a provider for the purpose of paying a claim for health care services performed by the provider; makes related provisions. |