WC Controls & Accounting
Workers' Compensation costs are a non-productive expense.
Verifying the accuracy of the insurance carrier's bill is a time-consuming task that requires field-specific expertise.
Policy Analysis
NRS will analyze your expired policies for overcharges emanating from the following:
Experience modification calculation errors
Earned Premium Audit Charges
- Including but not limited to Second Injury Fund Charges, Discounts, Deviations, and Scheduled Credits.
Claim Reserve and File Analysis
- Including mandated statutory credits and reserve calculations.
Retrospective Rated Programs
- Cost-benefit analysis of the original charges and subsequent adjustments.
Self-Insured Large Deductible Plan Reviews
- Check State Filings Against Contracts and Annual Adjustments, Claims Fee Charges, Excess Insurance Charges, Taxes, Letter of Credit Review.
TPA Claim File Review
- Third Party Administrator charges are carefully reviewed against the actual work product to determine level and value of the services.