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MB-5180 - USA (New Jersey) - Third Party Administration Services for Worker Compensation Claims - Deadline April 29,2021

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: MB-5180

Government Authority located in New Jersey; USA based organization looking for expert vendor for third party administration services for worker compensation claims.

[A] Budget: Looking for Proposals

[B] Scope of Service:

Vendor needs to provide third party administration services for worker compensation claims.
- Review all incident reports and claims against the board’s and provide prompt written acknowledgement to claimants and to the board of all claims reported to the awarded contractor.
- Review and investigate reported claims as required by the Board, including field investigations as may be required.
- Determine indemnity and expense reserve amounts for each reported claim, with periodic review and adjustment of reserves as may be warranted.
- Maintain files on a continuous diary system with monthly reports to the board.
- Adjust claims within the discretionary settlement limits established in the sole discretion of the board.
- Prepare detailed case summaries and recommendations to board personnel for authority to settle claims which exceed the discretionary settlement limits.
- Fully cooperate with in-house and outside counsel designated by the board, in the defense of claims and litigated matters and
- Utilize electronic technology and media to facilitate compilation of claims data and reports.

[C] Eligibility:

- Onshore (USA Organization Only);

[D] Work Performance:

Performance of the work will be Offsite. Vendor needs to carry work in their office location.

Expiry Date : Thursday, 29 April, 2021

Category : Medical Billing and Coding

Country : USA

State : New Jersey

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