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Member Payments OverviewBINDER PAYMENTS ON AND OFF MARKETPLACE UPDATE 10.19.23Existing Members Binder Scenarios There are two different companies that members could purchase a health product from: BlueOptions and BlueSelect are offered by Florida Blue. BlueCare and myBlue are offered by Health Options, Inc.Binder Requirements New ACA customers both On and Off Marketplace DO pay a binder. Customers who move from Florida Blue to Health Options Inc. (or vice versa) DO pay a binder
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01
Log in to the member management system.
02
Navigate to the 'Payments' section.
03
Select 'Member Payments Overview' from the menu.
04
Choose the relevant date range for the payments you want to review.
05
Filter results by member status, type, or other criteria as needed.
06
Review the list of members and their corresponding payment details.
07
For any discrepancies, click on the member's name to view more details.
08
Export or print the overview if needed for records.

Who needs member payments overview?

01
Accountants or financial staff responsible for managing member finances.
02
Membership administrators who need to monitor payment statuses.
03
Management team members analyzing revenue from member payments.
04
Auditors reviewing financial records for compliance.
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Member payments overview is a report that summarizes payments made to members of an organization, detailing the amounts and purpose of these payments.
Organizations that make payments to members, including non-profits and membership-based organizations, are typically required to file a member payments overview.
To fill out the member payments overview, gather all payment records for the reporting period, categorize each payment, and complete the form by entering required details such as member names, amounts paid, and purpose of the payments.
The purpose of the member payments overview is to provide transparency regarding financial transactions made to members, ensuring compliance with reporting regulations and maintaining accountability.
The information that must be reported includes member names, total payment amounts, individual payment details, the purpose of payments, and the dates these payments were made.
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