Today, managing the cost of a workers’ compensation claim is less about managing the claim and more about managing the medical costs. We believe that our integrated claims and managed care solution delivers the best way to understand and manage workers’ compensation claim costs.
TeamComp — the way York manages workers’ compensation claims — puts the knowledge and experience of thousands of claims and managed care outcomes at our adjuster’s fingertips. It means that our customers get not only the experience and knowledge of their adjuster; they also get the combined knowledge and experience of all of our adjusters as well as our in-house managed care professionals and senior claim experts.
How does TeamComp do this? By using sophisticated predictive analytics to leverage our claims and managed care data, lessons learned and company-wide expertise in real time to deliver just in time information that supports superior claim management.
Armed with the TeamComp data and in partnership with our managed care professionals, adjusters ensure that the injured worker follows the best clinical path to recovery. Because we own our managed care solution, we can seamlessly integrate our managed care services into our workers’ compensation claims process. This gives clients a single, powerful and transparent solution for achieving better outcomes for injured workers and for managing total cost of risk.
TeamComp also helps us manage other critical components of workers’ compensation claims:
- Subrogation opportunities
- Claims that may be ready for closure.
Because TeamComp continually analyzes claims data, we are able to identify and address new issues and trends as they emerge and incorporate that information into our claims management strategies. This flexibility and the way our claims management solution continually evolves means that TeamComp is how claims should be managed today and…in the future.
Workers’ Compensation for Group Programs
York’s national reputation as a leader in creating self-insured, state-funded and retrospectively rated group plans allows employers to take full advantage of state provisions that permit employers to band together to enjoy lower workers’ compensation premiums and maintain greater control over their programs.
Workers’ Compensation for Self-Insured Groups
Self-insured group programs (funds) are a risk vehicle to which York has brought innovation as a way of managing clients’ workers’ compensation cost structure for more than 26 years. Over this time, York has been instrumental in developing and implementing several workers’ compensation funds in conjunction with trade associations.