A 3986

New York Assembly bill in Session 2025-2026.

Status: enacted. Latest action: December 19, 2025.

Relates to the use of virtual credit cards by insurers and certain health care plans.

Bill ID NY-2025-2026-A-3986
Session 2025-2026
Status enacted
Committee Insurance
Assembly enacted 2025-12-19
Summary

Authorizes an insurer to pay a claim for reimbursement made by a provider using a credit card, virtual credit card or electronic funds transfer payment method that imposes on the provider a free or similar charge to process the payment; defines "virtual credit card" as a single-use series of numbers linked to a fixed dollar amount and provided by an insurer to a provider for the purpose of paying a claim for health care services performed by the provider; makes related provisions.

Sponsor
Alex Bores
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-01-30 Introduced Bill introduced
2025-12-19 Status enacted
2025-12-19 Latest Action Signed by Governor
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