New York S05319 amends insurance contracts to include permissible payment methods, advance consent for direct payments, and annual updates of the.

New York S05319 amends the insurance law and public health law to include specific terms in certain insurance contracts. These terms include permissible payment methods such as check, direct deposit, debit or credit card, or online payment systems, provided the provider can access the payment in full without encumbrances, costs, charges, or fees. The bill also requires the advance written consent of a provider for the method of payment and to directly pay or deposit payments in a bank or other financial institution of the provider's choosing.

New York S05319 amends insurance contracts to include permissible payment methods, advance consent for direct payments, and annual updates of the.

New York S05319 amends the insurance law and public health law to include specific terms in certain insurance contracts. These terms include permissible payment methods such as check, direct deposit, debit or credit card, or online payment systems, provided the provider can access the payment in full without encumbrances, costs, charges, or fees. The bill also requires the advance written consent of a provider for the method of payment and to directly pay or deposit payments in a bank or other financial institution of the provider's choosing.