Insurance companies that do not currently take advantage of the benefits of pre-authorization are missing out on several significant advantages. Implementing pre-authorization processes on every single automobile no-fault claim has the potential to improve your overall retention rates as well as save your company significant dollars, both of which add up to help the bottom
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The primary responsibility of your insurance company is of course to indemnify your claimants. However, taking a look at the claimant experience has the potential to become another top priority for your adjusters and examiners administering both automobile no-fault and workers’ compensation claims. The claimant experience represents many opportunities to not only help the claimant
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The crisis and epidemic surrounding prescription opioid drugs makes a nearly constant appearance in the news as of late. There are court cases involving manufacturers of these drugs and some doctors have even been convicted of improperly prescribing opioids to their patients. The statistics on opioid overdoses and deaths are both staggering and highly alarming.
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In today’s world, technology is advancing at a rapid pace across most, if not all, industries. The field of healthcare is no different and perhaps is one of those industries with some of the most rapidly developing technology. Closely tied in with the healthcare industry are insurance companies that administer both workers’ compensation and automobile
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Administering claims that involve injured claimants requiring the use of durable medical equipment, prosthetics, orthotics and medical supplies (DMEPOS) or pharmacy services can quickly become complicated and costly. Catastrophic injuries often carry even more complexities that, if not managed efficiently, may significantly drive up the cost of claims for your insurance company. Partnering with a
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