Pennsylvania addresses virtual credit cards

Pennsylvania Gov. Josh Shapiro (D) signed HB 1664 into law, aiming to protect healthcare providers and patients from unfair reimbursement practices. The bill addresses the issue of virtual credit cards, which force healthcare practices to absorb transaction fees as high as 5 percent or pass these costs on to patients. The bill bans insurers from requiring the use of virtual credit cards and mandates that insurers offer providers a reimbursement option without hidden fees. By addressing these issues, the bill promotes a more transparent and equitable healthcare reimbursement system.