Proprietary Smart Technology That Analyzes 13,000+ Occupations And Uncovers Return to Work Opportunities – In Seconds
Make claim adjudication decisions with pinpoint accuracy, in record time.
Introducing FastTrack's proprietary Unified Occupational Library (UOL).
Traditionally, Claims Professionals and Vocational Specialists have been limited in their ability to review claims in an objective, repeatable, and productive manner. The two primary processing tools used in the current occupational matching process are the Dictionary of Occupational Titles (DOT) and the O*Net database. Both are ill-suited to the task of rapid comparative analysis. The DOT database – which was last updated in 1992 – not only contains thousands of occupations that are no longer in existence, but also excludes a large number of newer industry occupations (e.g. technology and service) that didn’t exist in 1992. And while the O*Net database is updated annually, it lacks the specificity of occupational/job analyses beyond a basic cluster/groupings level. Given the number of claims that need to be reviewed, these databases alone can no longer be considered a primary solution.
To alleviate this issue, FastTrack developed its proprietary Unified Occupational Library (UOL) which leverages the best attributes of the DOL classification systems (e.g., old occupations eliminated, new occupations included with detailed occupational/job analyses) and augments it with occupational selection technology to determine which occupations, if any, claimants can perform given their current functional capacity. Claimants’ abilities are matched against more than 13,000 potential occupations with specific filters applied based on the parameters of the claimants’ policy definitions (i.e. own occ, any occ, training, education and experience, gainful wage parameters, and specific geographical work areas). Further, FastTrack’s UOL also includes occupational location technology to filter viable occupations to include only those in the claimant’s local labor market, if required by the carrier’s policy.
The Advantages
- Unified Occupational Library (UOL) – Leveraging the best attributes of DOL classification systems as well as Bureau of Labor Statistics (BLS) occupational data
- Matches against more than 13,000 potential occupations with specific filters applied based on the parameters of the claimants’ policy definitions
- Efficiently determines which occupations, if any, claimants can perform given their current functional capacity
- If no viable occupation is identified, claim management pathways are recommended by the technology, including recommended timing for the next recertification
The Outcome
FastTrack's Suite of Automation Tools is identifying "Any Occ" Capabilities 75.4% of the time at the Change Of Definition (COD) period
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