Reporting and Tracking

There are a variety of funding options available to employers today such as fully-insured, self-funding, partially self-funding and contingent funding. Diversified Insurance Group understands that a “one-size” approach to benefits does not work. Diversified Insurance Group has over 120 combined years of experience in an extensive selection of funding solutions and will continue to provide consultative support to help our clients manage cash flow and balance risk.

Diversified Insurance Group has an on staff underwriter to evaluate the financial ramifications of various funding options so that they can be presented to the client in a format that is clear and concise. We have found an on staff underwriter to be a great asset in negotiating terms of insurance contracts and tracking group experience.

REPORTING AND TRACKING

  • Risk Evaluation and pricing Underwriting Summaries and Protections
  • Insurance guarantee tracking (risk, aggregate liability, specific claim protection)
  • Historic analysis of large claims for recommended pooling charges
  • Reserve Evaluation
  • Annual Renewal Risk Evaluation
  • Preparation and Evaluation of Ad Hoc Reports
  • Quarterly and annual reports indicating cost savings and/or utilization trends

CLAIM ASSISTANCE/EMPLOYEE ASSISTANCE

  • Review of large claims
  • On-site employee assistance
  • Toll-free access to a service representative
  • Evaluate
      • Experimental Treatment
      Changes in Medical protocols
      Unique procedures
  • Claim resolution for individual employees