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news United Life Services adopts new name: Paylogix®
(Garden City, New York, April 10, 2000) Paylogix® is an industry pioneer in the collection, reconciliation and remittance of group and voluntary benefit plan premiums. “In essence, we’re in the business of simplifying the business of paying and collecting premiums”, commented Richard Pfadenhauer, CEO of Paylogix®. “The Internet and electronic B2B has become a significant aspect of our business. The name Paylogix® embraces more of who we are and what we do.” Paylogix® solutions offer an Organization (employer, union or association) relief from the administrative burdens incurred with multiple benefit programs. A single deduction can be made for any number of benefits. Premium remittance to Paylogix® is often in the format most convenient to the Organization. Premium allocation, reconciliation reporting and data transfer is typically on an established protocol basis with the Insurer. Paylogix® acts as a “black box” protocol translator providing a simple and user-defined interface to both the Organization and the Insurer while performing complex tasks at a cost savings to both. Paylogix® pioneers and incorporates innovative technologies like their web-enabled billing system to provide cost-effective solutions and expert service. Multiple carriers and multiple products can be presented in a single electronic billing statement to a client with access via the Internet. Both voluntary and group benefits can be presented to corporate clients in a secure interactive environment for a fast-to-pay electronic billing solution offering a paperless and labor reducing transaction. “With our on-line services, we’re merely taking our business one step further to simplify the process of paying and collecting premiums. In fact, we’ve eliminated the paperwork and check writing functions for the client,” The Paylogix® electronic billing solution is designed to offer an interactive environment addressing the complex and dynamic characteristics of insurance products. Paylogix® offers web-enabled billing as a virtual (ASP) solution giving insurers and group providers Internet billing functionality in a private labeled format. Founded in 1995, Paylogix® is a recognized leader in the billing services industry. Paylogix® currently administers the billing, collection, reconciliation and remittance for prominent insurers and group providers in North America. Interested parties should call (800) 622-4131 or via e-mail: |
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