An Act amending Title 40 (Insurance) of the Pennsylvania Consolidated Statutes, in regulation of insurers and related persons generally, providing for payment choice; and imposing penalties.

This bill requires health insurance companies in Pennsylvania to allow participating healthcare providers to choose how they receive payments, rather than forcing them to accept only credit card transactions. Insurers must inform providers about all available payment options, disclose any associated fees, and provide clear instructions on how to select a method. The law also prohibits charging fees for transmitting payments unless the provider agrees to them, while allowing billing agents to charge for specific management services. These rules apply to licensed hospitals, doctors, and other regulated medical professionals who have contracts with health insurers.