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Banning Health Plan Fees on Providers for Electronic Payments

This bill aims to prohibit health plans from charging doctors and hospitals fees for electronic fund transfers and payment advice transactions. Effective January 1, 2025, this change is intended to streamline financial processes and reduce administrative burdens on healthcare providers. Citizens may benefit indirectly through potential stability in healthcare costs, as providers will receive full payment amounts promptly.
Key points
Health plans are forbidden from imposing any fees, charges, or payment withholdings on healthcare providers for electronic payments.
The prohibition applies to all electronic fund transfers and related payment advice transactions starting on January 1, 2025.
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Additional Information
Print number: 118_S_3805
Sponsor: Sen. Cassidy, Bill [R-LA]
Process start date: 2024-02-27
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Summarized by: gemini-flash-latest
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_S_3805.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-02-27.

What are the main provisions?

Key points include:

  • Health plans are forbidden from imposing any fees, charges, or payment withholdings on healthcare providers for electronic payments.
  • The prohibition applies to all electronic fund transfers and related payment advice transactions starting on January 1, 2025.
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 Sen. Cassidy, Bill [R-LA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Health Economy