THIRD
PARTY SUBROGATION
Minimize
Indemnity and Medical Costs Today.
Alternative
Risk Concepts, Inc. (ARC) provides subrogation services to the long-term
disability and workers’ compensation insurance industries. A frequently
overlooked component of the claim handling and risk management challenge,
subrogation remains a nascent practice for most insurers. Existing third-party
claims are often not recognized by a claimant. If a claimant is not pursuing
a cause of action, then the subrogation opportunity is often lost.
Insurers can increase their subrogation recoveries significantly by incorporating
ARC’s identification and audit program
seamlessly into their processes. ARC is often asked to evaluate and implement
specialized subrogation and recovery programs to minimize losses by pursuing
recovery opportunities and optimizing other available offsets.
Our
cross-disciplinary approach and experience in the workers’ compensation,
disability, Medicare, and health care industries allow us to identify
recovery opportunities that are sometimes not recognized on an individual
claim. Our clients are often surprised to discover how many opportunities
are being missed in their operations.
Features of ARC’s Subrogation
Services Include:
Discovering
Missed Opportunities. Staff and contract attorneys nationwide evaluate
claims under specialized theories of negligence.
Prompting
Claimants to Investigate and File Potential Claims. ARC will file such
claims on the insurer’s behalf when insureds do not respond.
Audit
and Evaluation of Third Party Subrogation Opportunities.ARC can develop
and implement extremely effective programs that significantly enhance
recoveries.
National
Second Injury Fund Programs for Workers’ Compensation Insurers.
We evaluate and implement full-scale solutions.
Audits
and Training for Optimization of Other Available Offsets.
ARC
offers flexible billing options, including hourly rates and contingency
fee schedules. Please call Michael Crowe
or Kenneth Paradis at (866) 261-1941. |