Page 28 - Employer Admin Guide
P. 28

Billing Procedures






                The Premium Invoice

               Summary

                     Premium payment address.
                 1
                     The same address appears on the
                     payment coupon.

                 2   Your company’s name and address.
                                                               You know us by     .
                                                                                      3
                 3   Your company’s account number, the              1
                     billing period covered by the invoice, the
                     premium due date, invoice number and
                     date the invoice was produced (also                              4
                     located on page three of your invoice).   2
                     Premium billing department phone
                 4
                     number.                                 5                        6
                                                                                                 7
                                                                                      8
                     Message box containing important
                 5                                                                    9
                     billing information.                                                        10
                                                                                      11
                     The amount of premium owed for the                               12
                 6
                     current billing period.                                                       13
                                                     14
                     An adjustment code is assigned to any
                 7
                     adjustment made to the previous or
                     current billing period. The code appears
                     here and is explained in the itemized
                                                            15
                     portion of the invoice.
                     The current premium due after
                 8
                     adjustments.
                     The monthly administration fee,
                 9
                     if applicable.
                     Any outstanding balance carried over                             16
                 10
                     from a previous billing period
                     appears here.
                     The amount of payment received since
                 11
                     the last bill posting.
                 12  The total amount due for the current
                     billing period.

                 13  Date premium payment is due.
                     Premium payment procedures.
                 14
                     All correspondences (other than
                 15
                     premium payments) should be mailed
                     to the address listed.
                 16  Premium due date and total amount due.






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