| Electronic Funds Transfer (EFT)
Regence offers participating providers the option
of having their claims payments deposited directly
into their bank account. If you are not already receiving
electronic payments, we urge you to consider these
benefits:
Advantages:
- Fast, secure delivery of claims payments
- Eliminate possible lost or stolen checks
- Eliminate trips to the bank to deposit checks
- Software systems at many provider offices can automatically
reconcile payments received against claims posted
when EFT is used in combination with electronic
remittance advices (ERA)
Note: |
To
enroll in EFT you must also agree to receive
your remittance advices electronically rather
than on paper, with the exception of claims payments
for Regence Traditional, ValueCare and HealthWise
members.
Please contact EDI
support prior to submitting this request. |
Getting Started:
Regence EFT Disbursements
P.O. Box 1271 M/S #C3F
Portland, OR 97207-1271
If you bank with Bank of America, Wells Fargo or Zions
Bank®, you may fax your completed form
and voided check to (503) 220-8468.
- You will receive a letter from our EFT Disbursements
department verifying your information and giving
you a date to expect your EFT deposits to begin.
Note: |
Regence EFT deposits for BlueCard®,
and Regence Innova®, Engage®and
ActivateSM and Health Savings Account
(HSA) Healthplan 2.0SM products will
be made two business days after the payment voucher
date to comply with National Automated Clearing
House Association (NACHA) guidelines.
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| |
EFT is not currently available for Regence MedAdvantage
payments. You will receive paper checks through
the mail for claims for these patients.
|
Updating Your Account Information:
If you change bank accounts, please use this form to
submit your changes. Keep your existing account open
until Regence transfers the EFT to the new account.
Contact our EFT department at 1 (800) 662-7534, Option
3 with any questions.
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