Indiana Code 27-4-10-9. “Virtual claim payment”
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Sec. 9. (a) As used in this chapter, “virtual claim payment” means a type of electronic funds transfer in which:
(2) the dental provider is responsible for processing the payment using a credit card terminal or Internet portal.
(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
Terms Used In Indiana Code 27-4-10-9
- dental care: means services provided by a dentist within the scope of the dentist's licensure under IC 25-14. See Indiana Code 27-4-10-2
- dental provider: means :
Indiana Code 27-4-10-3
- Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
- health insurer: means an entity or person that issues a health insurance plan. See Indiana Code 27-4-10-6
(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.