A PAC stands for Pre-Authorized Cheque. This is the fixed amount that will be pulled from your business account on the first business day of the month. As the Benefit Coordinator, you can adjust this amount at any time to meet the group's claiming needs.
In order to participate in online claiming, the Benefit Coordinator must first set up the PAC for the group. If your plan was originally set up to claim via paper follow these instructions to set up the PAC and activate online claims.
Log into your MyOlympia account
Click on Manage then click on Activate Online Claims under the Business Section
Click on the Setup Online Claims. You will then be directed to add your Business Banking Details and set the amount of the PAC. This will be the amount that is automatically withdrawn from your business account on the first business day of each month. Our system will calculate a recommended amount for your PAC based on your business, but the minimum required is $100.
Once this is complete you will see that the green button "Print Claim Form" has been replaced by "Enter Claim Now". Please note you may have to log out and log back into your MyOlympia account for it to reset.
After the PAC has been set up, the Benefit Coordinator does have the ability to adjust the amount at anytime based on the business needs. To do this, simply click on the Business Funding tab.