An Act relative to the use of virtual credit cards by dental insurance providers
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill seeks to regulate how dental insurance providers use virtual credit cards. It aims to ensure that these cards are used responsibly and transparently, potentially protecting consumers from fraud and misuse. The bill’s specific details are still being worked out through committee hearings and discussions.
Key provisions
- Requires dental insurance providers to use virtual credit cards for certain transactions.
- Establishes standards for the use and security of virtual credit cards.
- Mandates reporting requirements for insurance providers regarding virtual credit card activity.
- Addresses potential consumer protections related to virtual credit card usage.
- Specifies the types of dental services that may be billed using virtual credit cards.
- Requires transparency in billing practices when virtual credit cards are utilized.
- Defines the responsibilities of insurance providers in managing virtual credit card accounts.
- Addresses data security and privacy concerns associated with virtual credit card transactions.
Who is affected
- Dental insurance providers
- Consumers receiving dental insurance
- Dental service providers
- The Massachusetts State Legislature
- The Department of Financial Services
Notable changes
Bill text
Read the latest version inline or switch to a previous version.
Text extraction is in progress. View the official source.
Sponsors
Official sponsors from legislative records.
11 on record
Primary sponsor
Cosponsors
Joanne M. Comerford
Arguments
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