- States’ regulations and MCO guidelines may restrict, or at a minimum, discourage carriers and employers from considering treatment in another state where they may lose control of the injury claim.
- State fee schedules may be misaligned with applying a value based, bundled price for treatment in a state outside of where the injury occurred, and the claimant resides.
- Direction of care statutes may prevent employees from being channeled to a provider outside of their choosing, much less in another state.
- There isn’t always “goodwill” between an employee and their employer after an injury. The concept of sending the employee out of state for care may not be a comfortable proposition for either party.
- Since there is no financial participation on behalf of the employee, compliance with set appointments may be an issue.
- Workers’ compensation adjusters prefer to have specified workflows and may be hesitant to inject intra-state travel coordination tasks and “unknowns” to their heavy caseload.
- The indemnity costs, time off work, and disability assessment could be negatively impacted by any incidental injury /episode which may occur during the claimants’ travels to a center of excellence.
- Where would the funding for a caregiver’s travel with the claimant come from and how would it be accounted for in the claim? Who would be responsible if the caregiver suffers an injury during travel with the claimant?
- Who would be responsible for clinically managing the workers’ compensation care (primary treating physician) and coordinating / submitting the necessary state forms?
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Top Trends in the Auto Casualty Insurance Industry - Mitchell Experts Provide Insights
There are always shifts and trends insurance carriers should be watching out for in the auto casualty industry– especially nowadays with factors like changing regulations, more expensive medical costs and increasing accident severity. Here are some of the top trends Mitchell’s auto casualty experts are seeing in the market that are influencing the industry most today.
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Ah, the holidays are upon us. For me, this brings to mind all the sentiments of the season, like large family gatherings, in-laws, and the occasional antipsychotic. Over the years, I’ve found that the path to maintaining sanity (holidays or otherwise) is having a good sense of what you can and can’t control. And when it comes to total loss, what you definitely can’t control are market forces.
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Using Data Analytics to Optimize Insurance Claims Management
For insurance carriers, finding ways to capitalize on the growing volume and velocity of information being generated and collected in their claims systems and operational databases is a critical challenge. Today’s overabundance of data can be an asset. However, without the professional expertise to turn this disparate data into actionable optimization and measurable intelligence, the data is powerless.
Mitchell Canadian Collision Summary: Q1 2017
This data is the product of upload activity from body shops, independent appraisers, and insurance personnel, more accurately depicting insurance-paid loss activity, rather than consumer direct or retail market pricing.