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Using Predictive Analytics in Litigation Management

Analytical assessment of data continues to expand in the workers compensation claims-management process. It is generally accepted that 15% to 20% of all claims make up 80% of overall total costs. Recent trends are focusing on identifying those 15% to 20% claims early in the process by going beyond traditional...

By Tim Stanger | Updated on October 01, 2014

Analytical assessment of data continues to expand in the workers’ compensation claims-management process. It is generally accepted that 15% to 20% of all claims make up 80% of overall total costs. Recent trends are focusing on identifying those “15% to 20%” claims early in the process by going beyond traditional benchmarking.

The claims identified through the analytical process are projected to get worse based on historical results on similar claims and factors unique to the specific claim. Often, these claims become more complicated because of injury migration and causation disputes, complex medical diagnoses and treatment, and increases in temporary and permanent disabilities. Because of the complexity and developmental attributes, these claims generally require more litigation.

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