01/26/21
Workers Comp Claims Adjusting – Do It Now on New Claims
The Workers Comp claims adjusting for new claims is over in 48 hours. I know – sounds like a bold statement. The old paradigm used to be 24 hours. I am giving the adjusters a break.
Wiki Public Use – Ronzoni
Many of my webinars and presentations on handling claims by employers and the claims staff always come with a warning. As Roy Orbison sang – It s over.
Check out this article on the
48-hour timeclock. Most of the links in this article were written at least 12 years ago.
New Claim Over in 48 Hours – A Timeline
Sam Boak donates Portion of Workers Comp Rebate to Second Harvest Food Bank
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Sam Boak, president and founder of Boak & Sons, Inc., is no stranger to giving back to the community. His company is based in Youngstown, Ohio and serves commercial and residential customers from Cleveland to Pittsburgh in exterior contracting. The company specializes in roofing, siding, sheet metal, insulation and gutters. Sam Boak has dedicated himself and his company to giving back to the community since he started the business over 45 years ago with his father, Sam Boak Sr. Since then, he has donated time, funds and goods to dozens of local organizations, one in particular being the Second Harvest Food Bank.
PracticeTracker Now Equipped for NY Workers Comp CMS 1500 Electronic Claim Submissions in XML
Tranquilmoney services are fully supported by this in-house technology
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SOUTH ORANGE, N.J., Jan. 20, 2021 /PRNewswire/ Tranquilmoney, one of the top 10 medical practice management companies of 2020, has announced the addition of NY Workers Compensation specific billing features in its practice management software, PracticeTracker
TM.
Tranquilmoney, Inc.
With the New York Workers Compensation Board making CMS 1500 XML claim submissions mandatory from July 1, the features will be a huge asset for Tranquilmoney s clients. Using PracticeTracker
TM, CMS 1500 claims can be directly submitted to the NY WC Board in XML format, making the electronic claim submission process way easier than it is now.
“Controversy relating to workers comp premium audits existed long before COVID. However, the pandemic made things much worse. Many states issued emergency rules requiring immediate premium audits with the thought that this would bring premium relief to troubled businesses. However, these rules mostly created confusion and added high administrative costs to both businesses and carriers. No one was prepared for the massive data collection and analysis effort that the states mandated.”
My Workers Comp Premium Auditor Job and Emergency Rules
After reading Mark s great article on WorkCompCentral, the puzzle pieces came together.
Three different carriers contacted J&L Risk Management Consultants in late March/early April to consult on how to follow and comply with the changes in the
01/15/21
Workers Comp COVID-19 Vaccination Claims – Who s on First?
Today, I decided to check on how Workers Comp COVID-19 vaccination claims are being handled by claims adjusters. Most of the adjusters had some sort of handle on how to investigate and adjust claims that involved COIVI-19.
Public Use License – Maximilian Schönherr
The states have now decided to pile on more legislation on approving/denying claims that involve COVID-19 vaccinations. Whew!, the worker s comp claims adjusters job could not be more complicated with the new rules and with states that have new “emergency rules” in process.
Earlier this week, I wrote an article on how more complicated the job of the worker s comp premium auditors became with the pandemic. Check it out at the link.