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As the end of the year rapidly approaches, it is a good idea to review your financial goals for the coming year if you have not done so already. Ensuring that your company does what it can to hold down costs and increase efficiency within claims are key priorities to consider, both of which can
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The field of healthcare comes with some inherent challenges. Rising costs of healthcare services and health insurance are two of the more commonly discussed challenges. But the field of healthcare is evolving as well, thanks to the developments in technology and innovation. One such evolution that is underway in the healthcare field pertains to remote
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Insurance companies administering automobile no-fault and workers’ compensation claims know firsthand that claim abuse exists. Sometimes, it is unintentional but other times fraud can and does intentionally occur. There are a number of ways that your insurance company can be proactive about claim abuse. One incredibly efficient way to help reduce claim abuse is to
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When it comes to insurance companies administering automobile no-fault and workers’ compensation insurance claims, there are many things that must be prioritized. Keeping clients top of mind is one top priority. Another key priority is to help hold down costs and be as efficient as possible while also ensuring that you take excellent care of
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Any insurance company administering workers’ compensation or automobile no-fault claims understands the many layers of complexities associated with each claim. Balancing the obligation to indemnify your claimants while also keeping retention rates and, ultimately, financial health top of mind can be a challenging thing to do. However, keeping an eye on retention rates is a
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