Sec. 9. (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.
As added by P.L.31-2021, SEC.4.
Structure Indiana Code
Article 4. Unfair Competition; Unauthorized Insurers; Foreign Insurers
Chapter 10. Virtual Claim Payments for Dental Care Services
27-4-10-1. "Automated Clearing House Network Payment"
27-4-10-4. "Electronic Funds Transfer Payment"
27-4-10-5. "Health Insurance Plan"
27-4-10-7. "Health Maintenance Organization"
27-4-10-8. "Provider Billing Agent"