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Health insurance; carrier business practices; method of payment for transactions. Requires a health insurance carrier to notify the provider in a provider contract if the carrier, or entity completing a transaction on behalf of the carrier, uses a payment method that imposes a transaction or processing fee or similar charge on the provider and to offer the provider an alternative payment method that does not impose such a fee or similar charge. If the provider elects to accept the alternative payment method and has provided all required information to the carrier to enroll in such alternative method, the bill specifies that the carrier is required to pay the claim using such alternative payment method. This bill is identical to HB 2085.
Introduced
Jan 6, 2025
Last Action
Mar 21, 2025
Session
VA 2025
Sponsors
1 primary · 1 co
Acts of Assembly Chapter text (CHAP0242)
Approved by Governor-Chapter 242 (Effective 07/01/25)
Governor's Action Deadline 11:59 p.m., March 24, 2025
Enrolled Bill Communicated to Governor on February 20, 2025
Signed by President
Fiscal Impact Statement from Department of Planning and Budget (SB925)
Enrolled
Signed by Speaker
Bill text as passed Senate and House (SB925ER)
Passed House (94-Y 0-N)
Read third time
Read second time
Reported from Labor and Commerce (21-Y 0-N)
Read first time
Placed on Calendar
Referred to Committee on Labor and Commerce
Fiscal Impact Statement from Department of Planning and Budget (SB925)
Read third time and passed Senate (40-Y 0-N)
Read second time
Engrossed by Senate - committee substitute
Commerce and Labor Substitute agreed to
Reading of substitute waived
Rules suspended
Passed by for the day
Constitutional reading dispensed (on 1st reading) (38-Y 0-N)
Committee substitute printed 25104891D-S1
Reported from Commerce and Labor with substitute (15-Y 0-N)
Referred to Committee on Commerce and Labor
Prefiled and ordered printed; Offered 01-08-2025 25101401D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Acts of Assembly Chapter text (CHAP0242)
Christopher T. Head