Consulting Services

Consulting Module #12

Predictive Analytics

Are you thinking of employing predictive analytics and don’t know where to begin? Or, if you already utilize it, are you questioning whether the tool is effectively integrated into your claim process and driving appropriate claim management?

PDA Offering

PDA will analyze your existing claim model to understand how predictive analytics can help achieve efficiency, leverage resources, and improve results. We have extensive experience working with customer organizations that utilize predictive analytics across a variety of products and claim segments (e.g., STD, LTD, Extended Duration, etc.).

Consulting Module #12

Predictive Analytics


Are you thinking of employing predictive analytics and don’t know where to begin? Or, if you already utilize it, are you questioning whether the tool is effectively integrated into your claim process and driving appropriate claim management?


PDA Offering

PDA will analyze your existing claim model to understand how predictive analytics can help achieve efficiency, leverage resources, and improve results. We have extensive experience working with customer organizations that utilize predictive analytics across a variety of products and claim segments (e.g., STD, LTD, Extended Duration, etc.).

Outcomes

Facilitates the early identification of claims with a high likelihood of RTW and promotes effective vocational resource intervention that results in desirable outcomes.

Improves your ability to triage and assign claims to the right level of resource proficiency.

Segments claims in a way that matches their complexity to the skill level of analysts.

Establishes a more effective operating model that results in an efficient allocation of resources and expense savings.

Outcomes

Facilitates the early identification of claims with a high likelihood of RTW and promotes effective vocational resource intervention that results in desirable outcomes.

Improves your ability to triage and assign claims to the right level of resource proficiency.

Segments claims in a way that matches their complexity to the skill level of analysts.

Establishes a more effective operating model that results in an efficient allocation of resources and expense savings.

Duration

Review current claim model and predictive analytics protocols, standards, and process documentation.

Interview Senior Leadership to understand the desired outcome of the predictive analytics model.

  • Synthesize information to clearly understanding current state of predictive analytics tool.
  • Make recommendations to leverage current capabilities and enhance future opportunities, including the identification of appropriate segments, effective triage workflow, and best-practice protocols for each segment.


Duration

Review current claim model and predictive analytics protocols, standards, and process documentation.

Interview Senior Leadership to understand the desired outcome of the predictive analytics model.

  • Develop Synthesize information to clearly understanding current state of predictive analytics tool.
  • Make recommendations to leverage current capabilities and enhance future opportunities, including the identification of appropriate segments, effective triage workflow, and best-practice protocols for each segment.

For more information contact Mark Sawyer

(207)747-4308

Consulting Modules

#1
STD Claim
Management