Paylogix® News

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Paylogix® and Ameriflex team up to provide industry-leading Flex Plan Administration and online Single Point Billing® services:

(Westbury, New York/Cherry Hill, New Jersey, August 4, 2003)
AmeriFlex, LLC (www.flex125.com), a leading provider of Section 125 and COBRA administrative solutions to the U.S. insurance industry, and Paylogix®, LLC (http://paylogix.com), a leading online billing technology service company, today announced a strategic alliance serving the employee benefits market. The combination of services offered through this alliance represents one of the most comprehensive offerings available for the support of employee benefit administration and accounting.

Under the alliance, AmeriFlex will provide Section 125 services including flexible spending accounts with participant access to the AmeriFlex Convenience Card™. Full FSA administration includes online access to participant accounts, plan documentation, records maintenance, claims administration, discrimination testing, compliance monitoring, and full support for clients’ Flexible Benefit Plans and COBRA administration.

Paylogix® will offer its industry leading Premium Solutions® services. Principal services include fully web-enabled Single Point Billing® , Common Remitter® payment, employee benefit communications, and online document storage—all accessible 24/7 in a secure online environment. The Paylogix® system supports key billing and subscriber management processes for all manner of voluntary and group insurance products, qualified plans, and non-insured benefits. There is no limit on the number of products or carriers that can be maintained on a single bill, and group set-up is quick and simple.

“We are constantly seeking ways to provide new billing solutions for clients that have been struggling with antiquated payroll systems and time-consuming multiple-billing reconciliation processes,” said Paylogix® Sales and Marketing VP Bruce Kenyon. “Our alliance with AmeriFlex allows us to further enhance the array of consolidated internet-based, benefit-management services we offer, reducing costs and improving performance for large and small companies alike.”

Alice Pol, AmeriFlex Broker Marketing Manager, commented, “The Paylogix® set of services is a natural and needed extension to our current capabilities. Our alliance with Paylogix® will provide AmeriFlex clients with fully integrated, on-line billing solutions. There is no question that this new resource offers businesses another compelling reason to select AmeriFlex.”

About AmeriFlex:

AmeriFlex, LLC, is a Third-Party Administrator, established in the mid 1990s as an independent benefits administrator, providing technology-based service and product solutions to clients throughout the United States. Headquartered in Cherry Hill, N.J., AmeriFlex services more than 3000 clients who in turn represent in excess of 1,400,000 employees.

AmeriFlex’s independence from insurance companies allows them to custom-design programs that enable their clients to grasp new possibilities and remain strategically competitive. AmeriFlex products and services (Flexible Benefits, the AmeriFlex Convenience Card™, Mongoose®, and Single Point Billing® ) are designed to fit both current and future needs. AmeriFlex has earned a reputation for bringing innovative technologies to the marketplace. For more information, visit the AmeriFlex website at http://www.flex125.com/.

About Paylogix®:

Founded in 1995, Paylogix® pioneers and incorporates innovative technologies like their web-enabled Consolidated Billing® system to provide cost-effective solutions and expert service to their clients. Paylogix® currently provides Premium Solutions® to prominent insurers, and group providers throughout North America. More information about Paylogix® can be found on the Internet at http://paylogix.com.

For more information contact:

Alice Pol
Broker Marketing Manager
AmeriFlex, LLC
888-868-3539, ext. 111

Bruce Kenyon
Vice President, Marketing & Sales
Paylogix®, LLC
800-622-4131, ext. 307