Average Days to Payment, June - November 2014
Average days to payment for the top 30 claims administrators, looking at data for a longer span of time (six months).
Here's the latest data on average days to payment for the top 30 work comp claims administrators to which we submit bills. Today we are posting data that spans the six months from 6/1/2014-11/30/2014. We post to over 300 claims administrators, so contact us if you want to know the average payment time for a claims administrator not listed below.
The 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 6/1/2014-11/30/2014.
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 |
13 |
Travelers |
17 |
Zurich Insurance North America |
12 |
Broadspire, a Crawford Company |
11 |
York Risk Services Group (TPA) |
23 |
The Hartford |
18 |
ESIS |
29 |
ICW - Insurance Company of the West |
14 |
Sedgwick (LA County 5000 Claims Only) |
25 |
The Zenith |
9 |
AIG / Chartis |
14 |
AIG / Chartis |
24 |
Tristar (LA County 2000 Claims Only) |
17 |
Keenan & Associates |
13 |
BHHC - Berkshire Hathaway Homestate Companies |
17 |
Intercare Insurance Services (TPA) |
35 |
CIGA-California Insurance Guarantee Association |
26 |
Tristar Risk Management (TPA) |
36 |
Intercare (LA County 3000 Claims Only) |
18 |
Employers Compensation Insurance Company |
26 |
York Risk (LA County 1000 Claims Only) |
15 |
Lumbermen's Underwriting Alliance |
16 |
Tristar Risk Management (TPA) |
38 |
Align Networks (Universal SmartComp) |
39 |
Athens Administrators |
28 |
Farmers Insurance Exchange (Corvel) |
22 |
American Claims Management |
22 |
CNA Insurance |
26 |
Sentry Insurance |
12 |
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