HealthChoice, DOC, DRS to Adopt Electronic Claims Payments
Posted 10/19/11; Modified 11/29/11
As mandated by HB1086, the Transparency, Accountability, and Innovation in Oklahoma State Government 2.0 Act of 2011, all payments disbursed by the Office of the State Treasurer must be made solely through electronic funds transfer (EFT).
Effective July 1, 2012, any provider who has not authorized EFT for their contract will be at risk for delayed claims payments.
EFT is fast and secure, and reimbursements are deposited directly to the bank account you designate. You will continue to receive paper remittance advices (RAs) to assist with accounts reconciliation.
Practice groups that use the same bank account for multiple providers under the same TIN need to submit only one EFT Authorization Form to OSEEGIB along with a list of their affiliated providers.
The HealthChoice, DOC, and DRS electronic funds transfer and online RA programs offer these advantages:
- Claim payments are automatically deposited
- RAs can be searched online through ClaimLink
- Access to current and historical RAs through ClaimLink
- Less paper handling
All you have to do is complete the form and return it to OSEEGIB as indicated. We will take care of the rest. Enhance your cash flow management and sign up today for EFT!
Access the EFT Authorization Form from the following links:
Please allow two to four weeks for your registration to be processed, so don’t wait until the last minute to sign up!
If you have any questions, please contact Network Management/Provider Relations at 1-405-717-8790 or toll-free 1-800-543-6044, or send email inquiries to email@example.com.