Bill > S704

This bill addresses the use of virtual credit cards by dental insurance providers in Massachusetts, establishing new rules to protect dental care providers from unfair payment practices. The legislation prohibits dental insurers from mandating credit card payments as the sole method of reimbursement and requires that dental care providers must provide explicit consent before a virtual credit card can be used for payment. If a dental care provider accepts electronic funds transfers, the dental insurer must disclose any associated fees, provide clear instructions about alternative payment methods, and include an explanation of benefits with each payment. The bill defines key terms such as "electronic funds transfer payment" (any electronic payment method), "dental care provider" (licensed dental professionals or service providers), and "dental insurer" (various types of insurance entities). Additionally, the bill allows dental care provider agents to charge reasonable fees for value-added services related to transaction management, while preventing dental insurers from charging transmission fees without the provider's consent. This legislation aims to create more transparency and flexibility in payment processes between dental insurers and care providers.

Business and Industry, Health and Social Services

https://malegislature.gov/Bills/194/S704