Electronic Funds Transfer Payment Option
What is the Electronic Funds Transfer (EFT) Premium Payment Option?
The EFT Premium Payment Option allows MediGold to withdraw your premium payments directly from your bank account electronically on or around the 10th of every month.

How do I start EFT Payment?
Click on the button below, then complete and submit the online form or click here to print a form to mail in. Unless you request a specified start month, your request will be processed for the next available draw. If you are a new member, you can expect your first EFT draw to occur on or around the 10th of the month following your effective enrollment date in MediGold. In the future, on or around the 10th of each month, any funds due, including past due premiums, will be withdrawn from your bank account.

What are the advantages of selecting the EFT Premium Payment Option?
You save time and checking costs by not having to write a premium check each month. You also save postage by not having to mail your payments. Since your premium payment is made automatically on or around the 10th of the month, your premium payment will never be late.

When can I cancel the EFT Premium Payment Option? You may cancel this option any time you wish. Simply notify MediGold in writing or call Member Services at 800-240-3851 (TTY 711), 7 days a week from 8 a.m-8 p.m. Your request must be received before the 1st day of the month for which you wish to cancel.

What happens if I change banks?
Simply complete this form online with your new bank information and check the box indicating that you have changed banks.

Is the EFT Premium Payment Option safe?
MediGold guarantees that we will withdraw premium payments only as you have authorized. If we make an error, we will – upon notification of the error – make the proper corrections and advise your bank that it was our error.