Firms that help carriers and other companies take payments online are hoping the start of the public health insurance exchanges will boost sales.
Daniel Bolger, a senior solutions consultant at ACI Worldwide Inc., a payment systems company that handles about $12 trillion in online payments throughout the world each day, talked about the market shift in a recent telephone interview.
Away from the exchanges, in the traditional insurance market, a significant number of carriers continue to lack online payment mechanisms, Bolger said.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
