NYSIF Launches Electronic Payment System for Policyholders

The New York State Insurance Fund launched a system that allows policyholders to pay workers' compensation and disability premiums by electronic-funds transfer from a bank account free of charge.NYSIF executive Director David P. Wehner said this week that eCheck allows users to make the payments on the website of the state-run carrier of last resort, avoiding time, service fees and stamps."This new service is a convenient, easy-to-use method for policyholders to pay their bills without having to use a credit card or mailing a payment," Wehner said.  Policyholders can go to http://www....