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| | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
SB2735 Introduced 1/12/2024, by Sen. Laura Fine SYNOPSIS AS INTRODUCED:
| | 215 ILCS 5/355.6 new | | 215 ILCS 125/4-6.6 new | |
| Amends the Illinois Insurance Code. Provides that no insurer, health maintenance organization, managed care plan, health care plan, preferred provider organization, or third-party administrator, or bank or payment processing company under contract with one of those entities, shall charge a provider a fee, fine, or cost for using an electronic funds transfer process, including, but not limited to, direct deposit, virtual or digital checks, or virtual credit cards, to receive payment for health care services provided to an insured. Amends the Health Maintenance Organization Act to make a conforming change. Effective immediately. |
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| | A BILL FOR |
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| | SB2735 | | LRB103 34765 RPS 64615 b |
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| 1 | | AN ACT concerning regulation.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Insurance Code is amended by |
| 5 | | adding Section 355.6 as follows:
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| 6 | | (215 ILCS 5/355.6 new) |
| 7 | | Sec. 355.6. Electronic payment fees prohibited. |
| 8 | | (a) No insurer, health maintenance organization, managed |
| 9 | | care plan, health care plan, preferred provider organization, |
| 10 | | or third-party administrator, or bank or payment processing |
| 11 | | company under contract with one of those entities, shall |
| 12 | | charge a provider a fee, fine, or cost for using an electronic |
| 13 | | funds transfer process, including, but not limited to, direct |
| 14 | | deposit, virtual or digital checks, or virtual credit cards, |
| 15 | | to receive payment for health care services provided to an |
| 16 | | insured. |
| 17 | | (b) As used in this Section, "provider" has the meaning |
| 18 | | set forth in Section 370g of this Code.
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| 19 | | Section 10. The Health Maintenance Organization Act is |
| 20 | | amended by adding Section 4-6.6 as follows:
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| 21 | | (215 ILCS 125/4-6.6 new) |