Ind. Code § 27-4-10-9
"Virtual claim payment"
Indiana · Indiana Code Title 27 — Insurance · Status: effective
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- Citation
- Ind. Code § 27-4-10-9, "Virtual claim payment", Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1663232
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Full text
Sec. 9.
(a) As used in this chapter, "virtual claim payment" means a type of electronic funds transfer in which:
(1) a health insurer or contracted vendor of a health insurer issues a single use series of numbers for purposes of payment for dental care performed by a dental provider and chargeable to a predetermined dollar amount; and
(2) the dental provider is responsible for processing the payment using a credit card terminal or Internet portal.
(b) The term includes virtual or online credit card payments in which:
(1) no physical credit card is presented to the dental provider; and
(2) the virtual or online credit card expires upon payment processing.