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A03986 Summary:

BILL NOA03986
 
SAME ASSAME AS S02105
 
SPONSORBores
 
COSPNSR
 
MLTSPNSR
 
Amd §§3217-b & 4325, add §4242, Ins L; amd §4406-c, Pub Health L
 
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.
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