cost containment News

The Power of Technology Integration: 6 Ways to Use Technology to Improve Claim Outcomes

Though the Property & Casualty (P&C) industry has made definitive inroads into technology adoption, there remain vast opportunities for the sector to reap the benefits of technology to achieve better, faster results. Insurers and claim organizations at large still have …

Nailing Down Cost Containment with Home Modifications

Part One: Creating an Accurate Scope Although the provision of home modifications for a claimant is usually a small part of a much more expansive claim, it can represent a significant financial burden if not completed appropriately. Managing the cost …

Cost Containment Tops Employer Concerns on Workers’ Comp: Survey

Controlling workers’ compensation costs is a top priority for employers. During the next 12 months, employers say cost containment is their number one workers’ compensation insurance concern, a new study shows. Some 59 percent of employers say they are very …