Automation Tools that Vastly Accelerate Claim Administration, Minimize Human Error, and Improve Claim Outcomes
Individual Disability Income (IDI)
Improving the Speed, Accuracy, and Defensibility of Claim Determinations.
FastTrack’s Robotics-driven Automation Tools empower the claims professional, helping assess and direct the risk management activities for each IDI claim with improved objectivity, consistency and repeatability.
FastTrack’s Individual Disability Claims Tools are designed to provide the claims professional with faster, more accurate, more objective, more consistent, and repeatable benefit determinations. The technology enables best-practice medical information collection, automated occupational work assessments, workflow management tools, a correspondence engine, and robust reporting and analytics. The technology assesses the claimant’s ability to perform their own occupation based on their functional capacity, Training, Education, & Experience (TE&E), gainful wages, and the carrier’s defined labor market. All of this helps to facilitate more timely and accurate return to work and claim resolution outcomes.To learn more about our unique technology, click here:Robotics RPA's | Digital Process Automation | Automated Occupational MatchingThe Advantages
For The Carrier:
- Promotes a more effective and efficient claim adjudication process by providing objective, accurate, consistent, repeatable, and legally-defensible outcomes
- Provides a significant boost to productivity by eliminating up to 75% of administrative tasks and creating more capacity for risk management and return to work activities
- Helps to facilitate improved timeliness and accuracy of decisions for new claim claims and recertification of existing claims
For The Claims Professional:
- Triaging of claims to the right resources at the right time, ensuring timely and accurate benefit determinations
- Best Practices IDI process that accurately determines the claimant’s functional capacity based on Restrictions & Limitations (R&L’s), Training, Education, & Experience (TE&E), gainful wages and the carrier’s defined labor market
- Automated daily agenda/task diaries that will facilitate engagement with the right resources at the right time and enable more efficient time management
Additional Automated Solutions & Services for the Life and Disability Insurance Vertical
Ready To Learn More?
Contact us to schedule an information session and demo to learn how FastTrack’s Suite of Automation Tools can dramatically improve your Life & Disability Claims Best Practices.
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