NEW YORK SPECIAL FUND RECOVERIES

The nation’s largest second injury fund reimbursement opportunity arises from Sec. 15(8)(d) of the New York Workers’ Compensation Act. As a primary focus of our workers’ compensation cost recovery programs, Alternative Risk Concepts, Inc’s (ARC) clients routinely triple the recovery dollars recovered from Special Funds by the end of the second year of our partnership. Moreover, the reserve “draw down” resulting from 15(8)(d) concessions is dramatic. In our first five years, ARC delivered in excess of $100 million dollars in actual recoveries and reserve savings combined for our clients. We believe that the formula for this success is comprised of five fundamental components:

Paying For Performance Only

Rather than using a traditional hourly billing approach, ARC is only paid once our client receives a concession of liability from the Special Funds. This weaves an unusual aggressiveness into the process. It also eliminates all risk for our clients. In fact, our comprehensive fee encompasses all costs, including attorney’s fees, subpoenas, travel, and medical addenda.

Moving Files Off Adjusters’ Desks

ARC confronts the reality that claims adjusters do not have the time to aggressively pursue Sec. 15(8)(d) concessions while managing all other aspects of a claim. In addition to barriers in developing the expertise generally, each specific claim demands documentation and strategy that time does not permit with ever-increasing caseloads. Our attorneys and paralegals have no other priorities to balance. We comb through the claims ourselves and file C-250s without any additional charges. We secure the prior medical records and all necessary supporting medical documentation. We appear before the Special Funds to negotiate a concession. We even copy the file so that it never leaves the premises. While the adjuster is kept apprised of our progress, ARC handles the entire process.

Single Focus

If you want to be the best in the business, you have to make it your only business. ARC has staff attorneys and paralegals whose only mission is to pursue New York Special Funds recoveries on a daily basis. This single focus permits us to participate in pre-trial conferences face-to-face in each of the four Regional Offices every month rather than mailing in requests. ARC’s focus on nearly 1,000 New York second injury fund concessions per year also enables us to pioneer effective new arguments and approaches to maximizing our clients’ recovery dollars.

Technology

Other aspects of the ARC approach help make us an integral but unobtrusive partner in our clients’ recovery programs. Our robust, internally designed database enables us to track statistics and chart future recovery dollars while providing reports that keep the adjusters and their managers well informed of the progress of each assigned case. We generate these reports on a monthly basis along with our fresh concessions.

Training

In addition to providing ongoing reviews, ARC also trains its clients’ claims personnel. ARC is frequently involved in strategizing over settlement tactics and valuations. ARC has striven to provide a sound, no-risk alternative to evaluating and increasing your recoveries from your New York workers’ compensation caseload. We hope that you will give us an opportunity to serve you.