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Average Days to Payment, March - June 2014

July 21, 2014 by Catherine Montgomery

I’ve talked before about the data that DaisyBill can track for workers’ compensation claims administrators.  As we’ve done a few times in the past, here’s a table that shows the average days for payment for the top 28 claims administrators to which we submit bills, this time for the period spanning 3/1/2014-6/30/2014.

In that time frame DaisyBill submitted bills, mostly electronic, to a total of 283 different claims administrators so this table represents just a fraction of the data we have available.

Claims Administrator

Average duration from submission to payment (in business days)

Sedgwick Claims Management Services (TPA)

21

SCIF - State Compensation Insurance Fund

11

Gallagher Bassett

16

Liberty Mutual Insurance

14

Travelers

18

Broadspire, a Crawford Company

13

York Risk Services Group (TPA)

21

ESIS

25

Zurich Insurance North America

14

The Hartford

21

ICW - Insurance Company of the West

16

The Zenith

9

Keenan & Associates (excluding City of Pasadena)

13

Employers Compensation Insurance Company

14

AIG / Chartis

28

BHHC - Berkshire Hathaway Homestate Companies

17

Zurich American Insurance Company

29

CIGA - California Insurance Guarantee Association

24

Sedgwick (LA County 5000 Claims Only)

23

Chubb Services (CorVel)

21

Tristar Risk Management (TPA)

36

Intercare Insurance Services (TPA)

41

Athens Administrators

27

Tristar (LA County 2000 Claims Only)

23

Intercare (LA County 3000 Claims Only)

18

American Claims Management

23

Farmers Insurance Exchange (CorVel)

21

Tower Group Companies (Formerly SUA Insurance)

16

Lumbermen's Underwriting Alliance

18

CNA Insurance

22

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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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