Workers’ compensation programs looking to update workers’ homes and vehicles after injury must partner with a team that has a deep understanding of the risks these modifications face.
Specialization, innovation and flexibility have always enabled program administrators to handle unique risk profiles. Now those attributes are in even greater demand.
Parametric solutions work to get a business back on its feet quickly after a volatile storm. Having a partner that excels in parametric insurance only bolsters those results.
The Optum physical medicine platform is geared up to work in tandem with pharmacy benefit management to help injured workers control and overcome pain and get back to their lives.
The vast majority of property owners remain uninsured for floods, despite its increasing frequency and severity. Closing the gap will require a better understanding of the exposure by all parties, including policyholders, agents and carriers.
Carriers outsourcing claims to a third-party administrator (TPA) capitalize on their underwriting expertise by leveraging the robust claims knowledge and capacity offered by a TPA.
While an end to the COVID-19 pandemic may be in sight, it won’t be back to business as usual. The transition will come with its own set of business opportunities as well as financial and operational risks.
Insureds facing a ransom should know ahead of time that they are covered. Here’s what they should be on the lookout for and the steps that will help mitigate the risk.
The right bill review solution is not only critical to control costs and deliver the best outcomes, but it calls for a combination of advanced technology as well as both clinical and legislative expertise.
Connected devices are upping the risk mitigation game. For insureds who partner with the right experts, that means a more proactive and faster response in the event of a potential claim.
Insurance carriers that partner with a firm that can offer OPM will have a better opportunity to control mitigation costs and deliver a faster loss recovery.
Over the years, the opportunity for adjusters to have more impact has changed, bringing with it a more strategic and dynamic approach to claims and promoting better outcomes across the board.
Payers and providers are looking to improve workers’ comp delivery of care. That starts by bringing transparency to claims and placing behavioral health first.