Long Term Disability Claims
Modern predictive modeling tools have existed conceptually for decades but have only recently been recognized, appreciated, and applied by the commercial marketplace. One area where these tools offer enormous promise is in disability claims processing.

The predictive modeling tools used by Claim Analytics derive their power from their ability to “learn” from data. Rather than checking each data field in an identical and repetitive fashion, they react and adapt throughout the discovery process. They thereby uncover patterns and relationships that traditional analytical tools fail to detect. Once these patterns and relationships are detected, new avenues to increase efficiency and lower costs in claims management are opened.

Claim Analytics use predictive modeling tools to improve claims categorization for Group LTD claims. Computerized claim classification called “Claims Scoring” offers claims managers an instantly recognizable, objective indicator of each claimant’s probable return to work potential. This immediately facilitates resource allocation, and helps case managers ensure that claimants get the assistance they need, when they need it, to return to work as soon as possible.