This bill establishes new requirements for payment methods used by health insurers, their vendors, and care management organizations when compensating health care providers for services rendered. Specifically, it stipulates that, starting January 1, 2027, these entities cannot mandate that the only acceptable payment method be a credit card.

The legislation aims to enhance flexibility in payment options for health care providers, ensuring they are not limited to a single method of payment. This change is intended to facilitate smoother financial transactions between health care providers and insurers, potentially improving the overall efficiency of health care payments.