NCCI’s WorkComp Workstation enables carriers to see detailed claims information at the click of a mouse.
And because we know how critically important it is to see how claims develop, we’ve provided loss development triangles reporting, which is easy to use and allows you to quickly analyze claim development over time.
The value this report provides includes the ability to:
- look at data on an accident year or calendar year basis
- pick and choose the information to be analyzed. For example, your triangle can be single state, multistate, or countrywide. You can look at one class code or your entire book of business. Addition filters include hazard group, industry group, injury type, part of body, claim status as well as nature and cause of injury. View paid and incurred claim amounts broken into their specific categories: indemnity, medical, medical only, and total loss. In addition to dollar amounts, you get the corresponding claim count information as well as development factors for each data element.
In a matter of minutes, you can view or download this valuable information for additional analysis.
For more information on our triangle reports or WorkComp Workstation’s claims analysis capabilities, view our recent webinar: Dive Into Claims Analysis Using WorkComp Workstation.