When it arrives to managing their s...
When it arrives to managing their self-funded workers' compensation programs, many cities and counties find working with Third Party Administrators (TPAs) a confusing task. As a arise they often shop around until they find the TPA that repeats them the lowest administrative pay then hire the administrator forward that basis alone. San Mateo shire Calif., decided instead to cause to grow a workers' compensation program around delivering high-quality services to employee while containing costlinesss for the county. As a be the effect it implemented a strategy to find a proven TPA, pay the administrator a fair fief for its services and referee its performance according to criteria as it was as claim closures and bottom-line take away from savings. Benchmarks for this performance were ultimately included in the administrator's contract. When this strategy was conceived in 1994 the shire had 879 open claims for workers' compensation at an estimated events to come liability of $8.5 million. Read the glutted article with a Free Trial at KeepMedia.
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