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No Fees for Healthcare Electronic Transfers

This new bill aims to prohibit health plans from charging healthcare providers fees for electronic funds transfers and healthcare payment transactions. This means hospitals and doctors will not incur additional costs for receiving payments, potentially reducing administrative burdens within the healthcare system. These changes are set to take effect from January 1, 2024.
Key points
Health plans will be prohibited from imposing fees on healthcare providers for electronic fund transfers.
The ban also covers fees for healthcare payment and remittance advice transactions.
These changes are intended to ease financial burdens on medical facilities, which could indirectly impact service costs for patients.
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Expired
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Additional Information
Print number: 118_HR_6487
Sponsor: Rep. Murphy, Gregory F. [R-NC-3]
Process start date: 2023-11-28
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

No Fees for EFTs Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_6487.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-11-28.

What are the main provisions?

Key points include:

  • Health plans will be prohibited from imposing fees on healthcare providers for electronic fund transfers.
  • The ban also covers fees for healthcare payment and remittance advice transactions.
  • These changes are intended to ease financial burdens on medical facilities, which could indirectly impact service costs for patients.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Murphy, Gregory F. [R-NC-3].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Health.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Health