Arizona 2024 Regular Session

Arizona Senate Bill SB1070

Introduced
1/16/24  
Report Pass
2/12/24  
Introduced
1/16/24  
Report Pass
2/19/24  
Report Pass
2/12/24  
Engrossed
2/29/24  
Report Pass
2/19/24  
Report Pass
3/12/24  
Engrossed
2/29/24  
Report Pass
3/18/24  
Report Pass
3/12/24  
Enrolled
3/25/24  
Report Pass
3/18/24  
Enrolled
3/25/24  
Passed
3/29/24  
Passed
3/29/24  
Chaptered
3/29/24  

Caption

Virtual credit cards; payment method

Impact

The bill's amendments also mandate that insurers inform healthcare providers of any associated fees with electronic payments and provide clear instructions for selecting alternative payment methods. Furthermore, if a healthcare provider opts out of a payment method, that decision persists until the provider chooses to opt back in or a new contract is established. These provisions are designed to enhance transparency in payment processes and empower healthcare providers in their payment choices.

Summary

Senate Bill 1070 amends section 20-241 of the Arizona Revised Statutes to regulate the payment methods between health insurers and healthcare providers. Specifically, it prohibits health insurers from restricting payment methods to only credit card transactions and requires them to accept tangible checks. This change is aimed at improving the payment process for healthcare services, ensuring that providers have more flexible options for receiving payments from insurers, including electronic funds transfers.

Sentiment

The sentiment surrounding SB 1070 appears to be supportive among those advocating for improved payment practices in healthcare. Supporters argue that the bill enhances fairness and flexibility in the financial transactions involved in the provision of healthcare services. However, there are likely concerns from certain stakeholders regarding the operational implications of these changes, particularly how they might affect insurers' administrative processes and costs.

Contention

A notable contention regarding SB 1070 may stem from the balance between financial efficiency for insurers and the rights of healthcare providers to select their desired payment methods. While the bill seeks to improve the experiences of providers, there may be resistance from insurance companies who prefer the predictability and simplicity of electronic payments exclusively. The adjustments require significant modifications in billing processes and may lead to differing opinions about the feasibility of implementing such changes without incurring additional costs.

Companion Bills

No companion bills found.

Previously Filed As

AZ HB2444

Grievance process; payment methods; report

AZ S704

Relative to the use of virtual credit cards by dental insurance providers

AZ H4260

Relative to the use of virtual credit cards by dental insurance providers

AZ SB367

Virtual credit card payments in health insurance policies.

AZ AB351

Virtual credit card payments in health insurance policies.

AZ SB438

Health insurance; methods of payments to providers; requiring notice of certain fee. Effective date.

AZ SF0158

Virtual credit cards and network leasing-dental services.

AZ H1605

Dental Payments under Health Insurance Plans

AZ SB235

Expanding limitations to third-party access to provider network contracts and discounts unless certain criteria are met and prohibitions on payment method restrictions and limitations on certain transaction fees from dental services to all healthcare services.

AZ HB1471

Method of dental payment options in preferred provider arrangements.

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NJ A5188

Requires availability of electronic fund transfers by health insurance carriers to reimburse covered persons.

NJ S3996

Requires availability of electronic fund transfers by health insurance carriers to reimburse covered persons.

CA AB1403

General assistance: eligibility.