PayForward creates substantial customer advantages for companies that provide a broad range of insurance products including medical, dental, and vision coverage.
When your members join PayForward, a portion of every rebate they earn by shopping at participating merchant partners can be automatically allocated to a reserved insurance savings “purse” in their PayForward account.
Additionally, these earnings can be augmented through friends and family allocating portions of their own rebates and/or transferring funds directly to the member’s reserved purse.
Those accumulated funds can then be transferred on a scheduled or ad-hoc basis to help cover the customer’s insurance premiums and deductibles with a single click.
The PayForward insurance savings purse can also be restricted to certain types of member expenditures for purchases related to health and wellness, with instant online tracking of those expenditures.