Issue
Two formal claim reviews are scheduled each year:
Open reserves are evaluated prior to the 6 month loss valuation used to determine the next year’s Experience Modification Factor
At the time of renewal to close out additional open claims in an effort to further reduce the Experience Modification Factor
Value
Formal claim reviews provide the opportunity to negotiate reduction of claim reserves, close claims, and discuss strategies of problem claims.
Testimonials
“Our claims reviews were up-to-date and accurate. The Scheider Team and R&R were very knowledgeable about each case and helped advise us accordingly. The Scheider Team and R&R worked very well with our Carrier when gathering additional information on specific claims.”
KS Energy Services, LLC - Josh Retzleff, Safety Director
“I work hand-in-hand with the Scheider Team & R&R’s WC Claim Consultant, Mike Geldreich concerning all workers compensation claim reviews and take full advantage of R&R’s customized WC claim kits. The Scheider Team & Mike are always strong advocates of Staff Electric during the claim reviews, as a result, I feel confident that their proactive approach helps us manage the cost of our claims as efficiently as possible.”
Staff Electric - Kurt Wildner, Risk Manager / Director of Safety & Health
Client since 2001
“Formal claim reviews are scheduled twice per year. Meetings are attended by our carrier, Super Excavators, the Scheider Team and R&R Claim Consultant, Mike Geldreich. We monitor the status of claim reserves and discuss strategies to resolve claims in the most cost effective manner.”
Super Excavators, Inc. - Cliff Jacobson, Safety Director
