Our e-newsletter for Enterprise Risk Management, Claim Settlement and Healthcare Solutions.
Enterprise Risk Management (ERM):
Special Damages – Property Damage Expenses
The definition for Property Damage Expenses is generally understood to mean the monetary losses someone incurs from an accident involving their property, such as the cost to repair any damaged assets (automobile, home, computer, phone, clothing, etc.). In this article of our series, we’ll discuss the key information associated with measuring the current and future property damage expenses incurred for a claim. Read more >>
Claim Settlement, Medicare, and Medicare Set Asides:
The SPARC Act Is Reintroduced to Create MSP Efficiencies
Earlier this year H.R. 1122, the SPARC Act, was reintroduced to assist Medicare Part D drug plans and casualty insurers with coordination of coverages related to the Medicare Secondary Payer (MSP) statute. On February 16, 2017, the bill’s co-sponsors Representatives Tim Murphy (R-PA) and Ron Kind (D-WI) reintroduced the Secondary Payer Advancement, Rationalization, and Clarification (SPARC) Act in the 115th Congress (2017-2018). Read more >>
Will Algorithms Drive Future Healthcare Optimization?
There is an overwhelming amount of data available to healthcare systems developers to create efficiencies in the system. Will there be future investment in the creation of customized algorithm “signals” to further guide and enhance human behavior, healthcare services and insurance? Read more >>