How do I update my group's payment information?
Payment For Benefits
When you enroll your company with us, we will either backdate your benefits to the 1st of the current month or we begin your benefits starting the 1st of next month.
Your group will get an invoice on the 15th of every month for next months benefits. Payments are due and will be processed between the 1st and 5th of the month and automatically withdrawn from your bank account or credit card on file, unless otherwise specified. There is a monthly billing service fee of $10 per month. All payments made with a credit or debit card will have a 3% convenience fee.
Payments made after the 5th are considered late and your account will be subject to the following penalties:
- 6th day - $25 late fee
- 15th day - Soft Suspension
- 30th day - Hard Suspension
- 45th day - 2nd $25 late fee
- 60th day - Termination
To provide authorization for a one-time payment and/or update reoccurring payment options please visit planstin.com/employer-payment-authorization/