IC 27-4-10-9: "Virtual claim payment"

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.