265.861 Forced Use of “Virtual” Credit Card Payments to Physicians
The Medical Society of the State of New York will educate its members, via E-news and the News of New York, that as of January 1, 2014, HIPAA regulations require health plans to offer physicians an Automated Clearing House (ACH) Electronic Funds Transfer (EFT) payment option that does not charge percentage-based fees and if a plan does not send payment by the HIPAA approved EFT ACH standard, the physician can demand that the plan revert to paper checks until such time that the HIPAA transaction standard is available. (HOD 2015-256; Reaffirmed HOD 2025)
