Provider Payments for Healthcare Services

The doctor (provider) needs to be paid for visits and treatments related to the injury. Many times there are multiple charges from one or more doctors.

Workers’ Comp Today

The size and scope of annual workers compensation claims and payments in the United States is staggering. In 2013, an estimated 129.6 million workers were protected by workers compensation and employers paid $63.6 billion in total benefits.¹ The administration of workers comp programs is costly in part because of the complexity of regulation. Each of the 50 states, DC, and US territories has its own WC rules and states vary in the minimum and maximum benefit payment and length of benefit, waiting period and retroactivity.

General characteristics of all state workers comp programs require mandatory employee coverage, payment of cash benefits for lost work time and payment of 100% of medical costs. Most workers compensation benefits are paid by employers. Employers can purchase insurance from private carriers or state funds who administer the program or self-insure and bear the administration cost or use a third-party administrator. All workers comp programs include both healthcare payments and payments to the Injured worker.

Workers’ Comp Today

The size and scope of annual workers compensation claims and payments in the United States is staggering. In 2013, an estimated 129.6 million workers were protected by workers compensation and employers paid $63.6 billion in total benefits.¹ The administration of workers comp programs is costly in part because of the complexity of regulation. Each of the 50 states, DC, and US territories has its own WC rules and states vary in the minimum and maximum benefit payment and length of benefit, waiting period and retroactivity.

General characteristics of all state workers comp programs require mandatory employee coverage, payment of cash benefits for lost work time and payment of 100% of medical costs. Most workers compensation benefits are paid by employers. Employers can purchase insurance from private carriers or state funds who administer the program or self-insure and bear the administration cost or use a third-party administrator. All workers comp programs include both healthcare payments and payments to the Injured worker.

Total Payment Claims Outsourcing

In addition, InsurCard offers Total Payment Claims Outsourcing for all Workers Comp claim payments including Indemnity Payments via debit card, Provider Payments via virtual cards, and ACH and check printing services.

InsurCard^® is the leading issuer of debit cards for the payments of property claims and casualty claims. Workers’ Compensation claim payments are made with state approved prepaid programs for injured worker benefits.

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Have a question about the InsurCard programs? Speak with an associate today.

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