Examples of Claims Administration in a sentence
ADMINISTRATIVE/CONSULTATIVE SERVICES: The Board requires a guaranteed flat “bundled” administration fee for Claims Administration Services and a flat “hourly” fee for Safety/Risk Control Services.
Important definitions: • The Net Settlement Amount means the portion of the Class Settlement Amount remaining after deduction of the approved Class Representative Enhancement Payment ($10,000), Claims Administration Costs ($20,000), Labor and Workforce Development Agency Payment ($37,500), the Attorneys’ Fees ($222,250), and Costs ($40,000).
A bill from either the provider or you can be mailed to us at the following address:Kaiser Permanente National Claims Administration - Mid-Atlantic States PO Box 371860Denver, CO 80237-9998If you have already paid the bill, then please send proof of payment and a copy of the bill to the address listed above.
Your proposed fee for Claims Administration Services should assume the following conditions: (1) the TPA selected will administer all claims still open as of June 30, 2023, as well as any run-out claims (IBNR) incurred prior to June 30, 2023.
All other reports are to be performed and provided as stated in Exhibit C, Workers’ Compensation Third Party Claims Administration Services Vendor Reports.