Funding Guide: Weekly Pre-fund

Written by Aimee Reynard
Updated 1 year ago

A prefund deposit of 1/12th total annual elections held by Ameriflex.
No need to send payroll deductions to Ameriflex! No additional fees!
Weekly Claims settlement happens automatically without need to send
any physical checks!

Your To-Do List

  • Hold Onto Payroll Deductions: Each payroll, you will hold onto the deductions taken from member’s accounts. Do not send these to Ameriflex.
  • Review Weekly Invoices Within Client Portal: Each week new invoices will post to the client portal based on the prior weeks claim activity. Those listed as contacts for Invoices will get an e-mail notice as well. No need to send a check payment! The invoice total will be deducted from the bank account within 24-48 hours of the invoice posting.
  • Ameriflex will send a prefund invoice for 1/12th of the total annual elections. This amount will be deducted via the bank account on file within the first 4-6 weeks of the plan. No need to send a check!
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