Healthcare Insurance Partners

Healthcare Insurance Partners

Rectangle Health benefits Carriers, Employers and Agents by collecting premiums from payers through credit card payments. We can Help your policyholders protect their valuable coverage with automated payments. People depend on their health insurance coverage. During times of illness or stress, it can sometimes be a challenge for people to remember to pay monthly insurance premiums. However, on-time premium payments are essential to ensure there are no lapses in coverage when your members need it most.

Rectangle Health is the convenient premium payment option that meets members’ needs for timely payment to keep their policies valid, and your need to receive payments to keep member accounts current. Our insurance premium payment processing solution can be utilized by insurance carriers, private employers and individual agents; all can set up optimized premium payment options that include frequency of payment, account type and notification preferences.

Improve Timely Premium Collection and Increase Policyholder Satisfaction

Not only does our system improve collections and drastically reduce the chances of lapsing coverage, but it also raises policyholder satisfaction with best-in-class customer support. Expiration reminder emails are sent to members when credit card information needs to be updated. And, we make every effort to collect payment. Our system will run a declined credit-card-on-file up to three times; if unsuccessful, we will immediately let the member know there is a problem with payment that may affect their coverage. Plus, our dedicated support team is available 24/7 to answer questions and help your policyholders make payments.

Advantages for Your Organization

Rectangle Health posts payments to the system of record in real-time and provides detailed reporting of deposits and credits by settlement date.

  • Insurance carriers can collect payments directly from individual policyholders – facilitating participation in the Affordable Care Act (ACA) and other marketplace exchanges.

  • Employers can simplify payroll by eliminating premium deductions – enroll employees for member plans through agent enrollment or self-enrollment. When enrolling, employees can identify a second form of payment to help secure their coverage.

  • Agents benefit from a system that integrates with any enrollment engine – work with multiple insurance carriers simultaneously and offer a range of payment options from point-of-sale to entire system development. Rectangle Health can collect premiums and reconcile with insurers and their banks.

Advantages for Policyholders

Partner With Us Contact us today to learn how Rectangle Health can help your organization collect insurance premiums and payments.

“We are an extremely busy optometric practice, and we are always very conscious of business costs.  We use a practice management software and couldn’t believe we could start updating payment directly into the patient ledger and securely keep patients credit card information on file.”

-Optometry Group, Bay Area

“We’re writing to show our appreciation for Rectangle Health.  Initially, I doubted some of the features that were promised, but you guys delivered.  The web payments and payment plans are easy. The ease of email receipts and vaulting cards are great for our Billing Department.  I would recommend any colleagues use your system without reservation.”

-OB/GYN Office, Grapevine Texas

“We have been very satisfied with the degree of customer service and professionalism we have received in the process of switching from our previous processing company to Rectangle Health.”

-Practice Manager, ENT & Audiology, Southlake Texas

“I had been told by many companies that they could integrate into our software, but once they came out and met with me, I could see they really could not do what they said…. Rectangle Health could not only seamlessly integrate with my software as they stated, but they could offer substantial savings each month.”

-Dental Office Manager, Southlake Texas

“We have been a Rectangle Health client for over 3 years now and we’re pleased to say they lived up to their word; from saving us hundreds of dollars in overall monthly fees to even going so far as to customize their online Practice Management Bridge for a special feature we requested.”

-Retina Consultant, Connecticut

“I would like to compliment Rectangle Health.  The customer service has been top notch and your representative is always quick to return our calls.  The payment software is great and has made collecting form our patients so easy.  We would recommend any medical practice to use Rectangle Health!”

-Chiropractic & Acupuncture, Denver, Colorado

“Since we started to use the program, we have had an immediate and noticeable improvement in patient payment at the time of treatment.  Transitioning to Practice Management Bridge has alleviated hours of extraneous work that was unavoidable with our previous retail terminal.  In addition to the invaluable improvements in our practice management, Rectangle Health has saved us money by lowering our processing rate.”

-Office Manager, Cosmetic Dentistry, Solana Beach, California

Learn more about the Rectangle Guarantee.