Claims Review and Analysis
65% of workers compensation claims contain errors! 95% of workers compensation claims are overpaid or incorrectly settled costing the experience rated employer in additional premium paid! Claims rive the cost of any experience rated workers compensation program and directly lead to increased premiums paid. Our Claims Review and Analysis Service is a complete review of all parts of the claims process and includes:
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An analysis of insurance company claim reserving practices;
A review of all claim settlement practices.
Review of proper claim verification and proper application of coverage.
Analysis of claim reporting effectiveness.
Analysis of claim effect on experience rating.