HR 6487 United States House · 118th Congress

No Fees for EFTs Act

This bill prohibits health insurance plans from charging healthcare providers fees for electronic payments (EFTs) and payment advice transactions. It directly affects doctors, hospitals, and clinics that receive electronic payments from health plans by banning any charges, including withholdings, for these transactions. The law, effective January 1, 2024, amends the Social Security Act to require health plans to cover these costs themselves, eliminating fees for providers.
Sub-Topics: Telehealth Insurance
Bill status in committee 1 of 4 stages cleared
Introduction
Nov 2023
Committee Review
Floor Vote
President
Introduced Nov 28, 2023 Last action Dec 17, 2024
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Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
3
Dec 17, 2024
House · Referred to committee
Referred to the Subcommittee on Health.
Dec 1, 2023
House · Referred to committee
Referred to the Subcommittee on Health.
Nov 28, 2023
House · Referred to committee
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Nov 28, 2023
House · Introduced
Introduced in House
1 primary · 18 co-sponsors

Sponsors