claim advocate

June 2, 2016

Are Your Work Comp Claims Properly Monitored?

As UNICO continues to be recognized as the workers’ compensation experts dedicated to lowering costs we are amazed at how many companies are not getting any assistance to help them ensure their open workers’ compensation claims are monitored properly. This can have a dramatic impact on how the NCCI experience modification factor is developed. When a workers’ compensation claim is submitted the adjuster will set up a reserve amount which is an estimate of what may be paid out for that claim. That reserve number may change as the claim develops and the adjuster learns more about the status of the injured employee. This reserve will likely be what the ultimate settlement may be which can be inflated. However, there are many cases where communication […]