Average Days to Payment, March - June 2014
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 |
DaisyBill provides content as an insightful service to its readers and clients. It does not offer legal advice and cannot guarantee the accuracy or suitability of its content for a particular purpose.
