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Average Days to Payment, June - November 2014

December 7, 2014 by Catherine Montgomery

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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