Illinois HB4464 amends the Illinois Insurance Code to prohibit insurers from requiring dental care providers to accept payments only via credit card.
Illinois HB4464 amends the Illinois Insurance Code to prohibit insurers from requiring dental care providers to accept payments only via credit card or electronic funds transfer. The bill also prohibits insurers from using a dental care provider's preferred payment method as a factor in credentialing decisions. It allows insurers to change payment methods to electronic funds transfer, including virtual credit card payments, if certain conditions are met, such as notifying the provider of associated fees and available payment methods.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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