Paylogix®, announces that they have reached 50 insurance carriers in their Co-Op Funding Program.  

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Paylogix®, announces that they have reached 50 insurance carriers in their Co-Op Funding Program.  

Through the support of 50 Co-Op Funding sponsors, brokers and their clients have access to Paylogix TPA services including Consolidated Billing® at no expense to them. Instead, the TPA service fees are paid for by the carrier or benefit provider, offering a valuable service to brokers and their clients.

Our network of Co-Op funding sponsors continues to grow.  Paylogix assures that everything is done right the first time—payments are made on time, and data is processed accurately. The Co-Op funding program has allowed brokers to provide this service to their clients to reduce administrative hassles, making it easier to sell additional benefits. Insurers and benefit providers are confident that policy holders are billed accurately, and premiums are received on time.

With 50 benefit providers, brokers have access to hundreds of product options: from accident plans to veterinary insurance and everything in between. A full list of carriers and product options are available as a resource on the newly expanded Paylogix website. Resources available on the website include directories that have information about all Co-Op Funding Companies, products that they offer, contact information for broker appointments, and news and information about each company.

“The Co-op Funding Program has always been very popular with brokers, especially as it is offered at no cost.  What we’ve seen in the last couple of years is growing interest from our carriers and benefit providers,” said Lisa Ehli, Director of Marketing at Paylogix. “Our existing carriers are excited to see how we promote their brand in conjunction with the Co-Op program.  New benefit providers see the potential to reach new markets.”  

As a result of interest and expansion, we’ve added a new team of Broker Relationship Mangers to serve our clients and help brokers navigate the funding approval process, assist with new case setup and acts as an escalation point for broker inquiries.  

If you're interested in receiving monthly updates about our Co-Op Funding Carriers, subscribe to our newsletter by filling out your information below and choosing "Monthly Co-op Funding Newsletter." 

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