This page outlines the best practices for: ACH and Credit/Debit Card Management and Remittance The flexibility of Summit Premium Billing allows participants to make ACH and credit/debit cards via the Participant Portal and mobile app. The following are suggested best practices for managing ACH and card payment remittances and communications. Remit to Entity – Remit … Read More >>
Summit allows a user to enter bank account information at the TPA and employer levels. The account identifies the bank account payments that have been remitted from a TPA’s bank account to a coverage payee. Summit is able to notify the TPA that a remittance schedule has been run and is ready to download. To … Read More >>
The Banking/Checking tab allows the user to select an existing remittance bank account or to add and select a remittance bank account. The Banking/Checking is the default selected tab, containing 3 sections: General Operating Account, Default Remittance Account, and Carrier Remittance Options. * Required fields appear in Red To access Remittance Settings | Banking/Checking, Banking/Checking The … Read More >>
Schedules are arrangements by which certain processes must be carried out with a list of events and times. A user can add, edit, and view created Remittance Schedules in the Schedule tab of the Premium Billing Remittance Settings page. * Required fields appear in Red To access Premium Billing Remittance Schedules, The Premium Billing Remittance Settings … Read More >>