View Single Post
  #63  
Old 03-10-2008
Bois Bois is offline
Senior Member
 
Join Date: Dec 2004
Location: Commerce, TX (NE TX)
Posts: 400
Default Re: Lynx Additional Fee

I just received notice from LYNX that they may start charging a fee even if you use EDI. Below is quote from Section III of LYNX Participant Agreement as amended March 10, 2008. Supposingly, this does not apply to Allstate of State Farm (at this time).

"5. To meet competitive market conditions at specific Companies, a standard service charge may be deducted from the payment made to Participant as follows:

EDI Submission: 6% of gross invoice (excluding sales taxes); or
Manual or Paper Submission: 6% of gross invoice (excluding sales taxes) plus a $7.50 service fee.

Notwithstanding the foregoing, LYNX Services will at a minimum deduct a standard service charge of $15.00 from each payment made to the Participant. A manual or paper submission shall include all forms of billing not conducted by EDI."
__________________
Dale...
No job is so simple that it cannot be done wrong.
Reply With Quote