Paylogix Provides Broker Payment Solution to Vermont Exchange

Paylogix®, a leading technology-based provider of marketplace and billing solutions to the insurance industry, announced today that it is contracted with the State of Vermont to administer a centralized process of Vermont’s health insurance exchange (Vermont Health Connect) broker fee administration.

Paylogix® is the third party administrator contracted by the State of Vermont to collect, process and distribute payments to Vermont Health Connect brokers. "Paylogix was chosen because they are a proven, web-based, cost-effective expert in Consolidated Billing® and payment and they provide automated real-time processing for employer payment collection, broker fee processing, consolidating payments and secure data management."

About Paylogix

Paylogix® is a pioneer in the development of technologies specifically aimed at simplifying the administration of health and welfare benefits. Our web based BPO and SaaS solutions for the exchange of money and data offer real-time access to our business partners including: the benefit insurer; the broker, the employer and employee. Paylogix currently provides solutions for prominent insurers and group providers throughout North America. More information about Paylogix can be found by visiting www.paylogix.com. Interested parties should call 800-622-4131 or e-mail: info@paylogix.com