JP Morgan is introducing the Chase Workers Compensation Card, a prepaid debit card delivering workers compensation benefits to injured or disabled workers. They are the first major bank to offer this product.

This debit cards gives insurance companies an alternative method for paying injured workers, eliminating the cost and time of paper-based check distribution. Program administrators use an online managing and reporting tool to enroll cardholders, ship cards efficiently, electronically deposit funds into card accounts, track payments, and produce nearly twenty types of reports. New cardholders also can be enrolled via batch file processing.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.