Workers' Compensation assignment of payment obligation (Medical & Indemnity)
Your Problem:
Workers' compensation cases that will not or cannot be settled.
- Inability to settle drives up your expense ratios and cuts into your profits.
- Cases that won't settle drive up reserves for a lifetime!
- Pay TPA "adjusting" rates for bill paying services.
- Increase your state contributions and cash collateral payments.
- Reporting requirements are complicated by lifetime claims, thus, increasing file expenses.
Our Solution:
Assign your workers' compensation cases to High Oak! This will allow you to close files, mitigate reserves and improve expense ratios.
Researching state insurance statutes, tax code requirements and obtaining legal opinions, we designed the High Oak advantage to conform to all federal and state statutes. This allows your company savings of 35% to 50% or more, and eliminates expenses for each workers' compensation recipient considered.
We have the key to help you mitigate reserves and eliminate expenses.
Click here to download our
Workers' Comp Referral Guide, Workers' Comp Referral Form and Survivor Benefits Referral Form