Insurance companies administering automobile no-fault and workers’ compensation claims manage several priorities within each claim. First and foremost, claimants must be indemnified. But there are many behind the scenes tasks that insurance companies must handle, including within claims that involve physician prescribed services. Partnering with a durable medical equipment, prosthetics, orthotics and medical supplies (DMEPOS), pharmacy and ancillary service provider like Northwood can benefit your company and claimants in many ways.
After over 30 years in the insurance industry, Northwood has put together a variety of processes and procedures to make claims administration more effective and efficient. One example of this pertains to Northwood’s approach to physician prescribed services.
Northwood implements its pre-authorization process for all claims, including those where a claimant is prescribed medication. Northwood’s highly knowledgeable team members review each and every prescription medication to be sure that it is appropriate for each claimant, which helps ensure your claimants’ safety.
This pre-authorization process also means that all physician prescribed services are evaluated for injury-relatedness before the client fills their prescription. If the medication is not related directly to the claimant’s injuries from their automobile or work claim, the medication will not be approved. This translates to savings for your insurance company, as it eliminates provider invoices for non-injury-related medications and other physician prescribed services.
Another benefit of Northwood’s approach to the prescribing process involves its network of medical providers. Throughout the years, Northwood has built a trusted network of credentialed medical providers who offer quality care for claimants. These medical providers also agree to contracted rates, keeping to a pre-determined rate schedule. That means additional ways to help hold down the cost of claims for your company.
This also adds convenience for your claimants since the network has medical providers located throughout the United States, making it easy for claimants to receive their prescriptions. In addition, claimants do not need to pay out of their own pocket for their physician prescribed services when they utilize Northwood’s network.
Northwood brings a variety of benefits to the insurance companies it partners with, including its approach to the prescribing process. As a highly qualified DMEPOS, pharmacy and ancillary service provider, Northwood will work with your insurance company to provide excellent claimant care and a more effective way to administer your auto no-fault and work comp claims.
To learn more about the benefits of working with Northwood, please call Rosanne Brugnoni 586-755-3830 ext. 3771.