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Committee clears bill letting providers opt into credit-card payments if fees disclosed
Summary
A House insurance subcommittee advanced Senate Bill 438, which would ensure health-care providers are notified when insurers send payments by credit card and allow providers to opt in rather than be required to accept card payments; sponsors said providers must be told of any fees.
Chairman Sneed explained Senate Bill 438 to the committee and said the bill would require that providers be notified when insurers send payment by credit card, Automated Clearing House (ACH) or check.
The measure matters because it addresses a payment method some members said can delay or complicate providers' access to funds and may carry transaction fees.
Sneed, the bill presenter, told members the bill's intent is narrowly procedural: to ensure providers are notified of the payment method used by insurers. A committee member asked whether providers actually receive insurer payments on…
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