Compliance Established

Getting on Top of Data Reporting for a Workers’ Compensation Carrier

Compliance Established

Getting on Top of Data Reporting for a Workers’ Compensation Carrier

Key Contacts

Tina Knight and Charles Wise

How do you make sure you’re reporting the right data to the right people?

A large workers’ compensation carrier needed support to meet their monthly reporting requirements for unit statistical data (audited policy and claim data). The carrier had over 20 different data sources coming in, and they struggled to get the data processed, scrubbed and reported on time every month.

Our Impact

With a robust database for processing and verifying multisource data now in place, the carrier can meet their monthly reporting requirements with error-free, compliant data.

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The database identified items that bureaus might flag, enabling errors to be reviewed and addressed before submission.

Streamlining data intake from all sources greatly reduced the amount of time spent collecting data from multiple reporters and preparing it for processing.

In crisis and transformation,real-world experience delivers.

Discover Our Expertise

Our Role

Bringing a team of compliance and data experts together

FTI Consulting used a team approach to ensure that the data reported was as clean as possible and that any edits or feedback were quickly resolved.

Our team built a database to process the data from all providers on a monthly basis.
Within the database, our data experts built logical edits and edits for items that the bureaus would flag if not corrected before submission.
We worked directly with the data providers to address and resolve errors before submitting the final data to all of the bureaus.
The team also built and managed independent dashboards to check for criticisms or rejections that needed to be addressed prior to the next month’s submission.