Massachusetts H4260 regulates the use of virtual credit cards by dental insurance providers.
Massachusetts H4260 amends the General Laws to regulate the use of virtual credit cards by dental insurance providers. It mandates that dental insurers notify dental care providers if any fee is associated with a particular payment method. Insurers must also advise providers of available payment methods and provide instructions on selecting an alternative payment. If a dental care provider accepts electronic funds transfer payments, including virtual credit card payments, the insurer must comply with these requirements.
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