Requires carriers to offer health care providers more than one method of payment for reimbursement.

This New Jersey bill (A1877) requires health insurance carriers to offer healthcare providers - such as doctors, dentists, and hospitals - more than one payment method (e.g., check, electronic transfer, or credit card) for reimbursement, rather than forcing them to accept only one option. It mandates that carriers disclose any fees tied to specific payment methods before the first payment and provide clear instructions for selecting methods, while requiring a 30-day turnaround for changing payment methods upon provider request. The bill also prohibits carriers from using a provider’s preferred payment method to decide whether to grant credentials for network participation. These changes apply to all health and dental insurance plans in the state, with enforcement handled by the Department of Banking and Insurance.