InsurCard claims solution enables easy electronic payments for
“While monitoring the latest claims technologies, we saw that issuing claim payment checks was no longer the most efficient solution available,” said
The InsurCard prepaid card program is specifically tailored to fit the requirements of workers compensation benefit payments, and is the only prepaid card program that has state compliance approval for use in more than 42 states. Following the introduction of its InsurCard program, Energi is now exploring new ways to expand the use of prepaid cards to satisfy other indemnity payment needs.
“We’re constantly watching the market and our own business to continue growing and improving Energi,” said
With the InsurCard payment program, injured workers and healthcare providers instantly have access to funds with no time delay for check clearance. The prepaid debit card solution eliminates check cashing fees, risk of theft and the need for bank accounts or forms, and cards are accepted at automated teller machines and merchants worldwide.
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Energi is a
InsurCard is the leading provider of prepaid card programs for payment of Workers Compensation benefits. Employing specialists in insurance operations and systems and prepaid card programs, InsurCard’s prepaid card programs are designed to meet the stringent requirements of the insurance industry.
InsurCard’s “Total Payment Solution” pays Workers Comp benefits to both claimants and healthcare providers with network-branded prepaid cards. InsurCard offers two products for different uses: a personalized, reloadable plastic prepaid card for Workers Compensation indemnity payments to injured workers; and a virtual prepaid card designed specifically to make payments directly to healthcare providers. Both products have been highly praised by the industry for making electronic payments more effective, simpler, faster and secure.
InsurCard’s prepaid cards can be used wherever MasterCard® debit cards are accepted. www.InsurCard.com