As the workers’ compensation industry slowly moves away from paper checks as a method of paying injured workers and health care providers, more options are becoming available for electronic payments.
In addition to electronic funds transfer, or EFT, some companies are now offering card-program payments, sometimes called “virtual cards,” as a way to pay providers. And reloadable debit cards are becoming a more common method of making indemnity payments to workers.
“There’s a lot of excitement in the industry right now about moving to electronic payments,” s...
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