Current through P.L. 171-2024
Section 27-4-10-9 - "Virtual claim payment"(a) As used in this chapter, "virtual claim payment" means a type of electronic funds transfer in which:(1) a health insurer or contracted vendor of a health insurer issues a single use series of numbers for purposes of payment for dental care performed by a dental provider and chargeable to a predetermined dollar amount; and(2) the dental provider is responsible for processing the payment using a credit card terminal or Internet portal.(b) The term includes virtual or online credit card payments in which: (1) no physical credit card is presented to the dental provider; and(2) the virtual or online credit card expires upon payment processing.Added by P.L. 31-2021,SEC. 4, eff. 7/1/2021.