Containing Costs
Controlling the high cost of claims resolution requires a full appreciation of the factors that affect those costs.
At ICS, we have the resources to look closely at the cost-sensitive dimensions of each claim, including:
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Duration of medical care
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Likelihood of the treatment leading to rapid recovery
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Implications of the claimant returning to work
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Reimbursement rates for diagnosis and treatment
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Degree of administrative complexity
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Usage of cost-effective medical management techniques
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Avoidance of claims-related legal disputes and costs
Since the cost implications of each of these can vary widely, we use a wide range of cost management techniques to exploit them. Our systems are constantly being adjusted to grasp new cost-saving opportunities within each jurisdiction. And we take advantage of every possible incentive in the policy language of each client, even as we adhere to all state regulations and client-specific guidelines.