Workers’ compensation insurers are challenged with managing complex claims costs and fulfilling reporting obligations
Insurers can manage workers’ comp claims better with data-driven claims solutions. In addition, analytic data transfer can enable seamless state-level reporting.
High-complexity workers’ compensation claims can be put on a better course
When complex claims are identified early, they can be triaged to more experienced claims handlers. Insights into potential severity let both claims managers and adjusters plan the best course of action.
Taking a proactive approach to Medicare’s Section 111
Workers’ compensation claims involving Medicare recipients are subject to Section 111 reporting requirements. While the regulations are complex and constantly changing, insurers can take steps to stay ahead and reduce costs.
Workers’ comp reporting and statutory information can reveal workers’ comp trends and insights
Staying on top of the latest reporting developments is critical to workers’ compensation and compliance is important to insurers and states alike. And with all that data being transferred, there are valuable opportunities for analyzing trends and deriving insights.
For information on Verisk solutions for workers’ compensation, visit:
Detect and manage high-severity workers’ compensation claims through predictive analytics
Provides states and insurers with the means to turn untapped data into actionable insights