Knock knock…it’s the Medicare Clearing House!
August-02-2011Hello fellow super enthusiasts!
If you’ve been reading each and every one of my posts (surely someone is?), you’d have heard me bragging about the Medicare Clearing House. Specifically, the fact the Clearing House has now been operating for one year and has been producing fairly solid results in terms of uptake and output. However, a little birdy tells me that the Clearing House team is now looking at new opportunities to raise awareness of the Clearing House services and promote the facility to hundreds of thousands of small businesses across the country.
The ATO, on behalf of the Department of Human Services, is looking at mailing a letter and flyer to small businesses that are likely to fit the Clearing House eligibility criteria. Overall, the pack would be sent to over 683,000 small businesses, via a staggered campaign commencing mid-August and ending mid-November 2011.
This is great news as the data coming out of the Medicare Clearing House is top notch which makes life as a humble administrator much easier. Therefore, the more data from Medicare, the merrier…..hmm, bit early in the year for Christmas references, but that’s ok!
If you’re still reading, why not drop me a comment about your experiences with the Medicare Clearing House…good, bad, ugly, let me know.
Yours in Super
Hans
From a fund perspective, we have only good things to say about the Medicare Clearing House. They worked with us initially to set up contributions in the most efficient way for us, and now we receive them fully STP – straight to the member’s account. An excellent outcome. It would be great to see more volume coming through this channel. Hopefully the campaign will be successful in supporting small employers to make this process better for them.
I am a bookkeeper and have been using the Clearing House for over a year now for my clients and it is my best friend when it comes to remitting super.
Gone are the days of multiple contribution advices and payments.
One login, one form, one payment – could not be any easier!
If only they accepted businesses with more than 20 employees! Although I would still utilise the service and just set up 20 of the employees. It is still a time saver.
5 stars!