LANSDALE, Pa.–(BUSINESS WIRE)–In April 2018, the California State Fund let InsurCard apperceive that a Bill (SENATE BILL No. 880) had been alien in the California Legislature to acquiesce debit cards as a adjustment of acquittal for Workers Compensation (WC) claims. The bill would authorize a 5-year pilot affairs at the State Fund. If the pilot was successful, the affairs would again be broadcast above the State Fund to added companies.
Bob Mendte, InsurCard’s President, was afraid to apprehend this account and noted, “We accept been application debit cards for WC affirmation payments in California for nine years. In 2008, InsurCard accustomed abundant accounting approval from the Workers Compensation Director and has offered the debit agenda in California back that time.”
InsurCard again contacted the accepted Workers Compensation Director, George Parisotto, and the Bill’s sponsor to accomplish abiding they were acquainted of InsurCard’s assignment and all-encompassing acquaintance in the State. Before they met in May, the Director’s agents had advised InsurCard’s accreditation and the actuality that its approvals had been accepted by the State on several occasions alpha in 2008.
The Director affirmed that InsurCard’s above-mentioned approvals would abide to be accustomed and he accustomed that no complaints accept been accustomed by the State in the nine years InsurCard has offered its debit agenda for WC. InsurCard will abide to action the affairs in California, one of the 44 states area it does business.
After InsurCard met with the State, the California Legislature afflicted the bill to acquiesce all payors to use debit cards back the Bill takes aftereffect in January 2019.
InsurCard is a arch provider of prepaid agenda programs for acquittal of Workers Compensation benefits. Partnering with specialists in allowance operations, systems and prepaid cards, InsurCard’s prepaid agenda programs are advised to accommodated the acrimonious requirements of the allowance industry.
InsurCard’s “Total Acquittal Solution” pays Workers Comp allowances to both claimants and healthcare providers with two network-branded cards: a personalized, reloadable artificial prepaid agenda for Workers Compensation apology payments to afflicted workers; and a basic prepaid agenda for payments anon to healthcare providers. Both articles accept been accepted by the industry for authoritative cyberbanking payments simpler, faster and secure.
InsurCard’s Instant-Issue Acreage agenda affairs lets adjusters bear allowances to policyholders instantly and is acclimated for property, auto, accountability and accident claims. The affairs is congenital on an existing, activated platform, accessible to bear in aloof a few weeks. For information, appointment www.insurcard.com.
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