Vermont § 9422 - Credit card payments optional for providers

§ 9422. Credit card payments optional for providers

• (a) As used in this section: (1) “Credit card payment” means a type of electronic funds transfer in which a health
  insurer or its contracted vendor issues a single-use series of numbers associated
  with payment for health care services delivered by a health care provider and chargeable
  for a predetermined dollar amount and in which the health care provider is responsible
  for processing the payment using a credit card terminal or Internet portal. The term
  includes virtual or online credit card payments in which no physical credit card is
  presented to the health care provider and the single-use credit card number expires
  upon payment processing. (2) “Health care provider” has the same meaning as in section 9402 of this title. (3) “Health insurer” means an insurance company that provides health insurance as defined
  in 8 V.S.A. § 3301(a)(2), a nonprofit hospital or medical service corporation, a managed care organization,
  a health maintenance organization, and, to the extent permitted under federal law,
  any administrator of an insured, self-insured, or publicly funded health care benefit
  plan offered by a public or private entity, as well as any entity offering a policy
  for specific disease, accident, injury, hospital indemnity, dental care, disability
  income, long-term care, or other limited benefit coverage. (b) A health insurer or its contracted vendor shall not require a health care provider,
  including a dentist or ambulance service provider, to accept reimbursement by credit
  card payment unless the health care provider has affirmatively elected to receive
  payments in this manner. If a health care provider, including a dentist or ambulance
  service provider, does not affirmatively elect to receive reimbursement by credit
  card payment, the health insurer or its contracted vendor shall make payments to the
  provider in another manner. (Added 2021, No. 25, § 32, eff. Jan. 1, 2022.)