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Average Days to Payment, July 2014 - March 2015

March 7, 2015 by Catherine Montgomery

Here's the latest information on average days to payment for the top 30 work comp claims administrators to which we submit bills. This data spans the period from 7-1-2014 to 3-1-2015. In that time frame DaisyBill processed hundreds of thousands of bills from 300 different claims administrators.

Specifically, this table represents the average number of days from submission of a bill until receipt of the explanation of review (EOR), and takes into account EORs that we received during the time period 7-1-2014 to 3-1-2015.

Claims Administrator

Average duration from submission to payment

(in business days)

Sedgwick Claims Management Services (TPA)

18

SCIF - State Compensation Insurance Fund

14

Gallagher Bassett

20

Liberty Mutual Insurance

12

Travelers

19

Zurich Insurance North America

12

Broadspire, a Crawford Company

11

York Risk Services Group (TPA)

25

The Hartford

20

ESIS

31

ICW - Insurance Company of the West

15

Sedgwick (LA County 5000 Claims Only)

25

The Zenith

9

Keenan & Associates

13

York Risk (LA County 1000 Claims Only)

15

Employers Compensation Insurance Company

30

Tristar (LA County 2000 Claims Only)

16

BHHC - Berkshire Hathaway Homestate Companies

15

AIG / Chartis

30

AIG / Chartis

35

Intercare (LA County 3000 Claims Only)

19

Intercare Insurance Services (TPA)

32

CIGA-California Insurance Guarantee Association

27

Lumbermen's Underwriting Alliance

17

Align Networks (Universal SmartComp)

41

Tristar (City of Los Angeles Police Only)

29

Tristar Risk Management (TPA)

37

CNA Insurance

33

Farmers Insurance Exchange (Corvel)

23

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DaisyBill is a trusted authority on workers’ comp billing. Thousands of work comp professionals attend our webinars and state agencies and professional organizations turn to us for our expertise. We created this blog to help everyone involved in workers’ compensation; sharing news, tips, and data of interest to the community.

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