Individuals injured at work are dealing with numerous challenges – from the hardship of physical affliction to feeling overwhelmed by managing medical bills. The prospect of settling their claim can be daunting when they realize they will lose assistance from their claims handler and may face complicated requirements for Medicare compliance if they have a Medicare Set Aside. To overcome these fears and offer assistance, many insurers are turning to professional administration services to manage medical payments for claimants after settlement.
With professional administration services, claimants receive clear, efficient, and cost-saving healthcare payment management. This service is helpful to claimants who are Medicare beneficiaries or soon to be enrolled in Medicare by protecting their Medicare benefits for the rest of their life. The service can also be helpful generally to anyone personally responsible for their medical, pharmacy, and durable medical equipment expenses after a settlement. The service gives claimants access to the country's largest medical and pharmacy networks, enabling participants to spend less time and money on their healthcare.
We’re committed to providing you with best-in-class service for the administration of future medical funds. That’s why we are very excited to announce that we are now partnering with Ametros, the industry leader and the largest professional administrator in the U.S., with $3B of post settlement medical allocations under administrative management.
Now you can have the best of both worlds – the experience, expertise, and trusted support of Verisk along with best-in-class professional administration of Ametros.
From March 1 onward, Verisk is transitioning its existing professional administration members to Ametros. Going forward, Verisk will rely on Ametros as its preferred partner for professional administration services.
For questions on this change, please reach out to me via email at brian.cowan@verisk.com or via phone at 1.978.825.8232.
