THE BENEFITS OF INSURCARD
The Power Of Choice
InsurCard electronic claims payment solutions benefit every party involved in a claim. From Workers Compensation to Homeowners, Automobile, Catastrophe and Liability claims including Business to Consumer payments for class action settlements, InsurCard has a program customized to meet your needs.
FOR INSURERS
- Benefits all types of adjusting: onsite, call-in, etc
- Provides a single point of integration, unified ledgering and all payment choices for the claimant.
- Can provide immediate payments
- A virtual card (followed up with a physical card) can be issued immediately
- Initial funding can be reloaded as needed
- Cost Savings on Every Payment
-
Assured legal compliance
-
Reduced fraud risk
-
Eliminates voided checks and stop payments
-
Improve cash flow and cash control
-
Improves customer service
-
Custom card design for brand marketing
-
Can be issued in the field since cards have no value until the insurer authorizes payment
FOR CLAIMANTS
-
Funds are immediately available. No time delay for check clearance
-
Funds are available from bank teller at no charge
-
No check cashing fees
-
Cards are accepted at ATMs and merchants worldwide
-
Funds are protected against card loss or theft
-
No need for a bank account and no forms to sign
-
Easy access to funds for emergency and short-term cash needs
FOR HEALTHCARE PROVIDERS
-
Faster than mail
-
Funds available upon settlement
-
No deposit trips to the bank
-
Payment and EOB/remittance advice delivered together
-
Easy reconciliation to Practice Management System
-
Eliminates lost checks
-
More secure than EFT or checks
-
No enrollment required
FOR INSURERS
- Benefits all types of adjusting: onsite, call-in, etc
- Provides a single point of integration, unified ledgering and all payment choices for the claimant.
- Can provide immediate payments
- A virtual card (followed up with a physical card) can be issued immediately
- Initial funding can be reloaded as needed
- Cost Savings on Every Payment
-
Assured legal compliance
-
Reduced fraud risk
-
Eliminates voided checks and stop payments
-
Improve cash flow and cash control
-
Improves customer service
-
Custom card design for brand marketing
-
Can be issued in the field since cards have no value until the insurer authorizes payment
FOR CLAIMANTS
-
Funds are immediately available. No time delay for check clearance
-
Funds are available from bank teller at no charge
-
No check cashing fees
-
Cards are accepted at ATMs and merchants worldwide
-
Funds are protected against card loss or theft
-
No need for a bank account and no forms to sign
-
Easy access to funds for emergency and short-term cash needs
FOR HEALTHCARE PROVIDERS
-
Faster than mail
-
Funds available upon settlement
-
No deposit trips to the bank
-
Payment and EOB/remittance advice delivered together
-
Easy reconciliation to Practice Management System
-
Eliminates lost checks
-
More secure than EFT or checks
-
No enrollment required
Indemnity Payments for Injured Workers
Provider Payments for Healthcare Services
Indemnity Payments for Injured Workers
Provider Payments for Healthcare Services
InsurCard® is the leading issuer of debit cards for the payments of property claims and casualty claims. Workers’ Compensation claim payments are made with state approved prepaid programs for injured worker benefits.
Get More Information
Have a question about the InsurCard programs? Speak with an associate today.
Share With An Associate
Share this page with friends and business associates through social media and email.
InsurCard® is the leading issuer of debit cards for the payments of property claims and casualty claims. Workers’ Compensation claim payments are made with state approved prepaid programs for injured worker benefits.
GET MORE INFORMATION
Have a question about the InsurCard programs? Speak with an associate today.
SHARE WITH AN ASSOCIATE
Share this page with friends and business associates through social media and email.
CORPORATE HEADQUARTERS
1741 Valley Forge Road
Unit 633
Worcester, PA 19490
SALES & PRODUCT INFORMATION
Phone: 215-855-1115
Fax: 215-855-1117
Email: muehling@InsurCard.com
CORPORATE CUSTOMER SERVICE
Phone: 215-855-1115
Fax: 215-855-1117
Email: support@InsurCard.com