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Electronic Banking

Through a partnership with ECHO Health, our banking system includes a centralized, secure electronic benefits payment service. This efficient service allows the delivery of consolidated, electronic provider payments, streamlined account reconciliation and reduced bank fees, eliminating the need for a Meritain Health-managed account. Accuracy and fraud protection are maintained through client and Meritain Health preapproval of all fund transfers, tax identification number verification and monitoring of account activity. In addition, electronic benefits payment ensures client compliance with recent healthcare reform regulations, requiring payment to healthcare providers and suppliers through Electronic Funds Transfer (EFT).