Thanks to OSMA-led advocacy efforts, the Ohio General Assembly included this provision in the budget bill—achieving the goal of SB 166, separate legislation which OSMA had also been supporting.
Many insurers have been tacking on unnecessary fees for check and EFT transactions, often without transparency. These charges add up quickly for many practices of all sizes – placing an unfair burden and penalizing practices for paying in an efficient and secure manner.
For many practices, these fees can total thousands of dollars a year. We urge you to check if you are being charged these fees by any insurer and what their elimination will save you and your practice.
This is OSMA’s advocacy in action. This win is one of the many ways we advocate for physicians where it matters most. OSMA membership helps make these victories happen, and we need your help to continue fighting for insurance reforms like these to reduce the administrative burden on physicians.