A3986 (2025-26 session)
NY State bill
Authorizes an insurer to pay a claim for reimbursement made by a provider using a credit card, virtual credit card or electronic funds transfer payment method that imposes on the provider a free or similar charge to process the payment; defines "virtual credit card" as a single-use series of numbers linked to a fixed dollar amount and provided by an insurer to a provider for the purpose of paying a claim for health care services performed by the provider; makes related provisions.
- Title
- Relates to the use of virtual credit cards by insurers and certain health care plans
- Type
- New York State Assembly bill
- Session
- 2025-26 session
- Status
- Signed by Governor
- Latest action date
- 2025-12-19
- Introduced
- 2025-01-30
- Active version
- A3986A
- Same as
- S2105
- Law section
- Insurance Law
Sponsors
- Alex Bores Assembly Member, District 73
Co-sponsors
- David I. Weprin Assembly Member, District 24
Heard in committee
- Insurance NY State Assembly committee
- Rules NY State Assembly committee
- Insurance NY State Senate committee
Same as
- S2105 (2025-26 session) NY State bill
Substituted for
- S2105 (2025-26 session) NY State bill