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MEMIC Rolls Out Electronic Payment System

Tuesday, January 24, 2023 | 0

The MEMIC Group, a workers’ compensation carrier headquartered in Maine, launched an electronic payment system for injured workers and providers. “Injured workers who once only had two options to receive benefit payments now can choose from PayPal, Venmo, ‘direct-to-card’ and direct deposit, often with the funds available within 30 minutes,” MEMIC said in a statement. The carrier said the adoption of One Inc.’s ClaimsPay platform will also allow providers to review previous payments, change their payment method, view the status of pending payments and reco...

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