EasyCopay automates customer copayments
HORSHAM, Pa., July 1, 2011 /PRNewswire/ -- EasyCopay™ officially launches the EasyCopay™ service to all HealthMart members today at the McKesson Trade Show in San Francisco. The service is now available to pharmacies and consumers nationwide.
EasyCopay delivers an automated copayment claims service for pharmacies to provide the ultimate consumer convenience. Consumers register any debit or credit card to automatically charge their preferred card for all out of pocket prescription expenses at the time the prescription is filled. The service eliminates customers' time spent waiting at the pharmacy counter or drive-thru window when picking up prescriptions. Pharmacies benefit with satisfied consumers, the ability to automate payment for house accounts and no-risk collections for home delivery service customers. The service uses existing pharmacy dispensing systems, processing like a prescription on the front end and a virtual credit card transaction on the back end.
The service comes to market two years after the successful FSAok® AutoCopay™ service launched to meet IRS requirements for processing FSA and HSA debit card transactions as claims automatically through the dispensing system. The service, which complying with IRS notice 2006-69 is now being marketed as an additional program under the EasyCopay brand, enables pharmacies to process IRS, IIAS and SIGIS-certified claims without needing to purchase a POS system or suffer the limitations of the "90% Rule" exemption.
The goal of EasyCopay is to make the process of visiting the pharmacy as easy and convenient as possible. "Independent pharmacies are a very busy environment, each filling more than 60,000 prescriptions per year. They also differentiate themselves by providing the highest levels of customer service. EasyCopay is an easy way for pharmacies to enhance the service they provide by getting customers in and out with their prescriptions quickly," said EasyCopay CEO, Colin Kaye, who continued, "Pharmacies also benefit because they can work more efficiently since using EasyCopay is as quick and easy as submitting a claim through their pharmacy system. It's convenient for customers and pharmacy staff alike."
Finpago, Inc. dba EasyCopay provides consumer health care payment solutions to automate consumer payments for pharmacy purchases. It offers services to streamline payments, and serve consumers and pharmacy retailers. The FSAok service is protected by US patent. For additional information, visit www.FSAok.com/pharmacy.