CorVel is a third-party administrator that focuses on workers' compensation claims. It also provides ancillary benefits management services, including a pharmacy program. This service can help employers reduce costs. Learn more about CorVel in this article. This article also covers the different benefits of this third-party administrator.
CorVel is a third-party administrator for workers' compensation claims
If you have an accident and need assistance with your workers' compensation claim, CorVel can help you get the benefits you deserve. The company provides third-party administration for workers' compensation and liability claims in Maryland. Its adjusters make decisions regarding benefits and payment to workers.
Workers' compensation is a state law that provides medical and income benefits to injured workers. It also covers rehabilitation benefits and compensation for dependents. The services offered by CorVel include medical treatment, income replacement, and rehabilitation. If you're injured at work, you should report it right away to your supervisor to ensure you get the benefits you deserve.
CorVel submits workers' compensation bills electronically using daisyBill. The company is required by California state law to pay e-bills within 15 days of receipt.
Workers' compensation is a state law that provides medical and income benefits to injured workers. It also covers rehabilitation benefits and compensation for dependents. The services offered by CorVel include medical treatment, income replacement, and rehabilitation. If you're injured at work, you should report it right away to your supervisor to ensure you get the benefits you deserve.
CorVel submits workers' compensation bills electronically using daisyBill. The company is required by California state law to pay e-bills within 15 days of receipt.
It offers ancillary benefit management
CorVel has a number of managed care and ancillary benefit management services. Their experts bring experience, expertise, and a new perspective to help employers make the best decisions for their workers' comp programs. Their services include medical bill repricing, fee schedule analysis, utilization review, and professional nurse review.
CorVel also offers an innovative virtual care platform that automatically integrates medical notes, reports, and documents to make the entire process faster and easier. This process enables improved outcomes and a more streamlined workflow. CorVel's Virtual Care platform is an industry-leading in its connectivity.
CorVel's proprietary network has more than 1.2 million providers. Each provider is carefully selected and evaluated using rigorous criteria, including quality, range of services, location, and price. The extensive network offers clients significant hospital and ancillary medical savings. If a worker is injured in the workplace, CorVel's ancillary benefit management services can ensure that they receive the treatment they need.
CorVel also offers an innovative virtual care platform that automatically integrates medical notes, reports, and documents to make the entire process faster and easier. This process enables improved outcomes and a more streamlined workflow. CorVel's Virtual Care platform is an industry-leading in its connectivity.
CorVel's proprietary network has more than 1.2 million providers. Each provider is carefully selected and evaluated using rigorous criteria, including quality, range of services, location, and price. The extensive network offers clients significant hospital and ancillary medical savings. If a worker is injured in the workplace, CorVel's ancillary benefit management services can ensure that they receive the treatment they need.
It has a pharmacy program
CorVel's pharmacy program is designed to help clients manage pharmacy expenses while driving down costs. It can identify and manage issues such as prescription abuse, out-of-network prescription purchases, and inappropriate drug combinations. The program also manages payor exposure and identifies significant cost drivers across the pharmacy supply chain.
Among the benefits of the CorVel pharmacy program is the savings it delivers to injured workers. Specifically, the program offers savings of more than 32 percent. These savings can be attributed to the fact that patients receive a card from the program that can be used at most big-name and many locally-based pharmacies nationwide.
Among the benefits of the CorVel pharmacy program is the savings it delivers to injured workers. Specifically, the program offers savings of more than 32 percent. These savings can be attributed to the fact that patients receive a card from the program that can be used at most big-name and many locally-based pharmacies nationwide.
It helps employers reduce costs
CorVel is an innovative worker's compensation solution that partners with MSIG to provide medical case management and develop individualized cost containment programs. This process results in cost-efficient injury intervention and detailed oversight throughout the claim lifecycle. Companies using CorVel can expect to see a reduction in medical costs of approximately 40%.
CorVel's service model combines technology, intelligence, and compassion to streamline claims management. The result is lower costs for employers and improved return-to-work rates for injured workers. Additionally, the CorVel platform provides transparent and timely updates on all activity for clients. It has been designed to maximize client savings and provide a superior level of care to injured workers. Its customizable dashboard makes it easy to review metrics and relevant data.
By redesigning the workers' compensation claims process, Corvel has helped employers reduce costs while improving employee health. A multidisciplinary team provides immediate assistance and patient advocacy, which improves outcomes for injured workers and reduces employers' costs. Modern communication technologies enable this team to effectively coordinate, collaborate, and manage claims.
CorVel's service model combines technology, intelligence, and compassion to streamline claims management. The result is lower costs for employers and improved return-to-work rates for injured workers. Additionally, the CorVel platform provides transparent and timely updates on all activity for clients. It has been designed to maximize client savings and provide a superior level of care to injured workers. Its customizable dashboard makes it easy to review metrics and relevant data.
By redesigning the workers' compensation claims process, Corvel has helped employers reduce costs while improving employee health. A multidisciplinary team provides immediate assistance and patient advocacy, which improves outcomes for injured workers and reduces employers' costs. Modern communication technologies enable this team to effectively coordinate, collaborate, and manage claims.
