ADA supports bill stopping health plans from adding EFT fees

The American Dental Association expressed backing for a bill that would prevent health plans from placing fees on dentists for electronic funds transfers.

The No Fees for EFTs Act would reduce the burden placed on dentists by dental insurers, according to a May 3 news release from the ADA. 

The EFT processing fees implemented by insurers lead to a reduction in the contracted rate between the dentist and the insurer, which prevents dentists from reinvesting in their staff and practice, the release said. 

The bill has been introduced in the House and the Senate.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

Featured Podcast