As American consumers enter the health insurance marketplace with the
Affordable Care Act, MoneyGram
(NASDAQ: MGI), a leading global money transfer and payment services
company, is offering convenient and affordable payment solutions for
customers and insurance providers.
MoneyGram is working with some of the largest U.S. insurance companies
to accept cash payments for premiums at more than 38,000 U.S. bill pay
agent locations including CVS, ACE CashExpress, Albertsons and Walmart.
"The health care service providers and insurers know that hundreds of
thousands of cash customers are being brought into the marketplace with
the Affordable Care Act," says Matt Davis, vice president, product
management at MoneyGram. "As this happens these firms are seeking ways
to accept payments efficiently. We are working to provide them with a
cash-based payment solution that is convenient for their customers."
Currently, MoneyGram is accepting payments for more than 200 health care
companies. The health care provider will inform its customers if
payments can be made through MoneyGram. MoneyGram offers same day and
next day payment options.
About MoneyGram International
MoneyGram International, a leading money transfer company, enables
consumers who are not fully served by traditional financial institutions
to meet their financial needs. MoneyGram offers money transfer services
worldwide through a global network of 334,000 agent locations -
including retailers, international post offices and financial
institutions - in 200 countries and territories. MoneyGram also offers
bill payment services in the U.S. and Canada. To learn more about money
transfer or bill payment at an agent location or online, please visit
moneygram.com or connect with us on Facebook.
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