CompManagement, Inc. has been a leader in reducing workers' compensation costs since its inception in 1984. Although we offer a wide range of services today, our main focus continues to be enhancing our workers' compensation services.
Our goal is to provide professional claims management in the most cost-effective manner while maintaining positive rapport and good communication with the injured employee, medical providers and you, our customer. Teamwork between the client and our account managers, claims representatives and nurse case managers enables us to achieve this goal.
Our professional staff will work with you to develop a workers' compensation program specifically for your organization resulting in maximum cost effectiveness with minimal time involvement on the part of your internal personnel. We pride ourselves on providing a personalized approach to service while identifying areas of concern and progress.
CompManagement also offers an incomparable paperless information system providing new ways of looking at claim information. With "real time” processing, our system ensures constant, accurate access to your most current data via the Internet. Our system’s flexible design allows us to provide you with the information you need when you need it.
Key components that can be integrated into your specific workers' compensation program are:
- Accident prevention and safety programs to reduce claim frequency and severity
- Fast, accurate claim reporting through our toll-free telephonic reporting system, online via the internet, or via fax
- Prompt claims investigations to determine compensability and ensure the claim is carefully evaluated before reserves are set
- Accurate and realistic claim reserves to make sure you put aside only the money necessary to resolve a claim
- Systematic evaluation of open cases to ensure quality control
- Ongoing review and evaluation to maintain effectiveness and quality assurance
- Coordination of corporate legal counsel, private investigation, case management and/or vocational experts to bring complex cases to resolution
- Claim reports and comprehensive loss statistics customized to your individual needs
An important function of the administrator is the training of your staff. Claim processing seminars are conducted to assist your staff in understanding their responsibilities in the program. Accident and post-injury procedures are reviewed, and a preferred medical provider selected. Specialized incident reports complete with a medical release are instituted.
Professional, courteous, prompt service to your staff, injured employees, and interested medical providers will increase employee moral and avoid unnecessary litigation. All claims receive prompt turnaround, from initial three-point contact through potential settlement, with careful scrutiny by our experienced claims managers.
CompManagement reviews all claims to determine if handicap refund, second injury fund or other cost relief is due to the client resulting from a pre-existing condition or injury. Supporting medical documentation is obtained and the appropriate application filed.
Our objective is always to cost effectively close all claims quickly and in the most professional manner possible.
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CompManagement provides detailed training and continuing education for all clients through our quarterly client newsletters, special bulletins, annual client seminars, and supervisory training sessions. In addition, the client is provided with various procedure manuals which include information about claim processing procedures, interaction with CompManagement and the client's managed care organization, and sample forms for internal use.
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As a result of many years of experience, CompManagement has developed an extensive network of sources capable of bringing the most complex cases to a resolution. Our staff is trained to coordinate the involvement of outside legal counsel, private investigative firms, rehabilitation and vocational experts and personnel consultants. While proud of our speed and accuracy in problem solving, CompManagement will not hesitate to recommend and coordinate outside services when indicated and approved by the client.
In addition, CompManagement can provide feasibility studies to determine whether benefit continuation programs (wage continuation, $15,000 Medical Only Deductible Program, etc.) would be beneficial to the client. If the client elects to participate in any of these programs, CompManagement's claims department offers a full range of administrative services, including wage calculations/vouchers and medical payments to providers.
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CompManagement can provide customized reports that meet the client's specifications. Claim reports and comprehensive loss statistics are provided on a frequency required by the client. The report may be customized to coordinate with the requirements of the client, and normally includes a summary of losses by type, part of body, frequency, severity, location, status and reserve projection.
Emphasis is placed on providing a custom format that is useful, easily understood and meaningful to the employer and other users. Output may be provided on hard copy, disk or tape formats. The client also has access to CompManagement's system via the Internet.
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The Bureau customarily notifies both the third party administrator and the employer of pending hearings. However, it has been our experience that this does not always take place. Therefore, CompManagement will promptly notify the client of any hearing notice received by a written confirmation of the hearing along with a copy of the CompManagement notice. Upon completion of the hearing, the hearing representative follows up with a written report to the client regarding the actions taken at the hearing and the disposition of the claim.
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Group Rating is a program offered through the Ohio Bureau of Workers’ Compensation (BWC) which permits employers with better-than-average claim histories to join together through a sponsoring organization for the purpose of being rated as a larger group. By participating in group rating, employers enjoy much lower premium than could be attained on their own.
Over 90,000 employers in Ohio have joined a group rating plan and enjoy tremendous reductions in their workers’ compensation premiums.
Discover why more Ohio employers have found their way to CompManagement, Inc., a Sedgwick CMS Company!
Since 1991, we have saved employers over $1 billion in workers’ compensation premiums.
Our first priority is maximum premium reduction. We also put strategies in place to preserve your discount and develop other substantial savings to improve your bottom line. Our network of statewide offices delivers personalized service no matter where you are located.
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Ongoing service visits by the account manager maintain a high degree of flexibility in the plan. The program is critically evaluated at annual intervals in a quality assurance meeting between the client's staff and the CompManagement management team. An internal audit is conducted and reports are provided to both the client and systems manager. Any necessary alterations to the plan are made so that the effectiveness of the program does not diminish with time.
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CompManagement has an excellent Rate & Underwriting Section that is unparalleled in our industry. Our staff in this area is extremely experienced, and CompManagement is well qualified to assist clients in forecasts, budgeting reserve projections, and consequences of corporate changes.
CompManagement can provide accurate forecasting of retrospective rating liability as well as review existing rates and claim losses to ensure accurate charging. In addition, our Rate & Underwriting department forecasts future costs in each lost time claim against each and every member of our group rating plans. This includes estimates of compensation paid, reserve amount, and medical costs in each claim. This ensures not only the accuracy of the estimates of savings, but also identifies individual employers who may be changing into an adverse loss situation.
CompManagement's Rate & Underwriting Services department reviews assigned manual classifications to assure proper charging, and will file any appropriate reclassification and related premium adjustment requests.
CompManagement has a separate settlement team whose sole responsibility is settlement of open claims. We have extensive guidelines relating to settlement of claims, and settle more claims than any of our major competitors. [back to top]
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