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Benefits of a Pre-Authorization Process

The proper and efficient administration of workers’ compensation and automobile no-fault claims is vital to an insurance company’s continued success. As every adjuster and examiner knows, the first duty is to restore the claimant to his or her previous state after he or she experiences an injury due to a claim. Another responsibility of Adjusters and Examiners is to control costs, improve productivity, decrease cycle time and improve customer service.  
With the myriad of responsibilities and tasks assigned to adjusters and examiners daily, it can be incredibly challenging for them to efficiently administer claims at times. Having an experienced resource to draw upon can dramatically increase adjuster and examiner productivity as well as assist in controlling claims costs. In addition, productivity levels can be increased when adjusters and examiners have access to proven systems within this resource that streamline claims adjudication. These benefits are realized through a partnership with a trusted third-party administrator (TPA) that has the experience and knowledge to act as that resource as well as implement efficient processes that can impact an insurance company’s bottom line. 
https://www.northwoodinc.com/benefits-of-a-pre-authorization-process/


This post first appeared on Pharmacy Benefit Manager, please read the originial post: here

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Benefits of a Pre-Authorization Process

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