Reminder update: Texas transitions to Release 3.1 regarding First Report of Injury (FROI) and Subsequent Report of Injury (SROI) effective July 26, 2023
This is an important reminder that the (LWC) will transition from EDI Claims R3.0 (FROI only) to EDI Claims R.3.1 (FROI only) effective 05/22/23.
The insurance industry has experienced tremendous change in the past few years.
Singular breaches no longer have a strictly local impact as individuals are hyperconnected to the internet in myriad ways, from personal digital devices to vehicles.
As technology becomes more sophisticated, so does the potential of data. Machine learning is an advanced application of this technology.
When IAIABC published its newest standard for workers’ compensation EDI data reporting, Release 3.1, one thing was certain—compliance would get a lot more complex.
A growing number of states have chosen to implement a more efficient, paperless claims-reporting process by using the IAIABC workers’ comp EDI Standard for first reports…