Because Rectangle Health processes all payments, there are no bills to members and there is no reconciliation to process. You only need to add your member’s account into our fully integrated and secure system and each time payroll is run, the premium is automatically sent to that member’s account. Rectangle Health receives the bill, then reconciles and pays it electronically on each due date.
Individual policyholders can select and pay for member plans and employers can eliminate reliance on payroll deduction and allow employees to engage directly with selection and payment process. Agents also have a new payment model they can present to members.
Rectangle Health services help insurance companies improve processes for collecting premiums from members while increasing overall satisfaction for all.