Blog: Daisy News

News, data, & insights about workers' comp billing

header_illustration_blogDaisyBill

Average Payment Time, June - August 2014

September 11, 2014 by Catherine Montgomery

Here's the latest table of average days to payment for the top 30 claims administrators to which we submit bills, this time for the period spanning 6/1/2014-8/31/2014.  In that time frame DaisyBill processed over 50,000 bills from almost 300 different claims administrators.  For each claims administrator, the table represents the average number of days from submission of a bill until receipt of the explanation of review (EOR) for EORs received during the time period 6/1/2014-8/31/2014.

Claims Administrator

Average duration from submission to payment

(in business days)

Sedgwick Claims Management Services (TPA)

17

SCIF - State Compensation Insurance Fund

13

Gallagher Bassett

18

Liberty Mutual Insurance

15

Travelers

18

Broadspire, a Crawford Company

12

Zurich Insurance North America

12

The Hartford

19

York Risk Services Group (TPA)

23

ESIS

30

ICW - Insurance Company of the West

14

Sedgwick (LA County 5000 Claims Only)

29

AIG / Chartis

27

The Zenith

9

Tristar (LA County 2000 Claims Only)

20

CIGA-California Insurance Guarantee Association

24

Keenan & Associates (excluding City of Pasadena)

15

Employers Compensation Insurance Company

25

BHHC - Berkshire Hathaway Homestate Companies

20

Intercare (LA County 3000 Claims Only)

22

Intercare Insurance Services (TPA)

38

Chubb Services (CorVel)

20

Lumbermen's Underwriting Alliance

16

Athens Administrators

27

Tristar Risk Management (TPA)

41

Tower Group Companies (Formerly SUA Insurance)

20

Zurich American Insurance Company

22

American Claims Management

23

York Risk (LA County 1000 Claims Only

18

Seabright Insurance (SBIC)

20

Also see:

Providers, you can report claims administrators who don't pay claims in a timely manner. Watch and download the Audit Complaint Webinar Now:

Watch + View

Search results for:

intercom_chat_bubble_icon