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White Paper

3 Top Ways to Close the Claims Performance Gap: Based on 5 Years of Workers’ Comp Benchmarking Data

Only 24% of claims organizations are high performers, so how do the other 76% catch up? Adopting three key traits is critical to join the elite ranks, or risk falling further behind.

White Paper Summary

Surveys of more than 1,700 claims executives for the annual Workers’ Compensation Benchmarking Study have uncovered what separates the top quarter of claims organizations from the rest.

In this short report, we’ve distilled five years of data into the three critical practices claims organizations should adopt to join their more successful peers. Providing a clear picture of how outcome-centric activities dominate leading claims strategies, the report reveals how high performers outpace lower performers up to 10 times more in their use of certain key practices. For those organizations that choose to close the gap, the data is clear on how to narrow the divide between average and superior performance.

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To learn more about Rising Medical Solutions, please visit their website.

Rising Medical Solutions provides medical cost containment, care management and financial management services to the workers’ compensation, auto, liability and group health markets.

Risk Matrix: Presented by Liberty Mutual Insurance

10 Evolving Workers’ Comp Risks to Watch

Mega-loss claims and medical marijuana are workers' comp challenges that are here to stay. See our map of the top current exposures plotted by frequency and impact.
By: | July 30, 2018 • 2 min read
Topics: Workers' Comp

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




The R&I Editorial Team can be reached at [email protected]