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§ 27-4-10-9 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 27 - Insurance/
  5. Article 4 - Unfair Competition; Unauthorized Insurers; Foreign Insurers/
  6. Chapter 10 - Virtual Claim Payments for Dental Care Services27-4-10-1. "Automated Clearing House Network Payment"/
  7. § 27-4-10-9
Indiana Legal Code

§ 27-4-10-9

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(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.