Not enrolled for Electronic Funds Transfer (EFT)?
Posted February 28, 2014
EFT is a convenient, confidential and secure method of payment. Using EFT means your payments are delivered directly to the financial institution of your choice. This alternative to receiving paper checks can help save you time while reducing the risk of lost or misrouted payments. In general, funds will be transferred to the provider’s bank in two banking days, after the claim is finalized, depending on your payment schedule.*
There’s no cost to enroll, and the enrollment process is easier than ever. BCBSIL independently contracted providers who are registered with Availity® may complete the EFT and Electronic Remittance Advice (ERA) enrollment process online via the secure Availity provider portal. Please note that you must be a registered Availity user to complete the online enrollment process – visit availity.com for more information. Or, to enroll by submitting a paper form, complete the Electronic Funds Transfer (EFT) Authorization Agreement, which is available in the Claims and Eligibility/Claim Payment and Remittance section.
*Add one day if the normal day falls on a banking holiday. EFT payment dates also may be affected by our corporate holiday schedule. Visit the Claims and Eligibility/Electronic Commerce section to view the 2014 Holiday Schedule Reminders. Uniform Payment Program (UPP) providers, please note: The timeline referenced in the above article does not apply to the UPP payment schedule.
Availity is a registered trademark of Availity, LLC. Availity is a separate company that operates a health information network to provide electronic information exchange services to medical professionals. Availity provides administrative services to BCBSIL. BCBSIL makes no endorsement, representations or warranties regarding any products or services offered by independent third party vendors. If you have any questions about the products or services offered by such vendors, you should contact the vendors directly.