Payment processing for healthcare payers
Send claim payments and collect member premiums.
We offer solutions that connect payers, providers and consumers so you can securely and effectively manage every healthcare payment transaction. One integrated network enables you to meet compliance requirements, reduce risk and increase efficiency.
Easy, secure premium and member payments.
Securely manage every transaction from a single, integrated network. Make it easier and more convenient for members to pay premiums and medical bills with solutions that expand payment channels and payment options.
Delivers a simple, consolidated bill that combines premiums across product lines and claim payments across your participating provider network.
Enable members to pay their healthcare bills from your branded portal when and how they want.
Offer multiple payment channels for premium payments, including online, over the phone and walk-in locations.
HIPAA-compliant healthcare payments and remittances.
Designed for healthcare payers, U.S. Bank Payment Master™ generates Electronic Funds Transfers (EFTs) and Electronic Remittance Advices (ERAs) in compliance with the Health Insurance Portability and Accountability Act (HIPAA) and the Affordable Care Act requirements.
- Initiate and accept electronic payments.
- Manage healthcare provider enrollment and payment instructions.
- Mitigate risks and costs of maintaining sensitive customer bank account data.
Stay in compliance.
Provide HIPAA-compliant remittance payments to providers that request ERA/EFT to avoid risk of government imposed fines.
Increase provider enrollment.
Support with a focused effort to speed enrollment and adoption to electronic payments.
Ensure accurate payment information is gathered and kept up-to-date.
Simplify supplier payments.
Pay suppliers electronically with virtual card accounts and save time by significantly reducing administrative tasks. U.S. Bank merchant services offers receivables solutions to your suppliers to make electronic payments easier for them and more effective for you.
- Streamline payment processing.
- Maximize supplier acceptance.
- Simplify reconciliation.