WHAT WE DO
Fairbanks Claims Administration offers comprehensive claims administration services tailored to meet the unique needs of our clients. With a focus on efficiency, accuracy, and compliance, we provide expert guidance and support throughout the entire claims process.
- Claims Processing:
Streamlining workers’ compensation claims for client’s employees - Injury Assessment:
Evaluating and advising on workers’ compensation claims for client - Medical Benefits Authorization:
Managing medical costs and legal evaluations for client’s workers’ compensation - Temporary Disability Management:
Advising client on temporary disability compensation decisions - Permanent Disability Analysis:
Assessing permanent disability and advising client on worker compensation - Prompt Compensation Authorization:
Ensuring timely payment of temporary disability claims for client - Permanent Disability and Death Benefits:
Authorizing permanent disability and death benefits for client’s claims - Legal Case Referral:
Directing complex workers’ compensation cases to attorneys for client - Financial Reserves Management:
Estimating and reserving funds for anticipated workers’ compensation costs - Fraud Investigation:
Probing questionable claims and assisting in legal resolutions for client - Anti-Fraud Coordination:
Selecting and collaborating with client’s special investigative unit - Claims Personnel Adequacy:
Guaranteeing adequate staffing for client’s workers’ compensation claims management
- Loss Run Reports:
Delivering Fairbanks Risk generated data for client’s Workers’ Compensation Strategy - Real-Time Claims Access:
Offering client’s team online, immediate insight into ongoing claims - Subrogation Services:
Providing agreed-upon subrogation support for client
- Collaborative Development:
Partnering with client’s team for workers’ compensation program compliance - Strategic Meetings:
Hosting teleconferences for client’s staff on workers’compensation case management - Program Evaluation:
Periodic review and optimization of client’s workers’ compensation program - Financial Management:
Setting up financial protocols for client’s state law-compliant compensation payouts
- Medical Provider Network Development:
Crafting a tailored medical provider network for client’s injured employees - Medical Program Oversight:
Ensuring relevant medical care for client’s workers’ compensation cases - Physician Collaboration:
Coordinating with doctors to optimize medical care for client’s injured workers - Return-to-Work Consulting:
Advising client on injured employees’ work readiness and rehabilitation
- Workers’ Compensation Guidance:
Educating client’s employees on benefits and work-related injury procedures
- Benefit Issue Resolution:
Assisting with benefit entitlements for non-litigated industrial injury cases at Fairbanks Risk
As your workers’ compensation third party administrator,
Fairbanks Claims Administration offers:
Complete program management
We attribute our success to our complete program management philosophy and the high standards against which we measure our performance. On every claim, our adjusters focus on strong medical case management, reliable and thorough claims management, and aggressive return-to-work strategies.
Safety management and risk control services and injury prevention
The best way to effectively manage workers’ compensation costs is to prevent injuries. We partner with our clients to analyze injury trends, injury types, and accident causes. We identify key cost drivers and provide strategic data to develop and enhance an effective safety and loss prevention program.
Experienced team of adjusters
Our team includes experienced claims professionals who deliver a consistent and aggressive approach to workers’ compensation claims. With an average case load below required maximums, our expertise is put to work analyzing, assessing, investigating, and managing claims to bring them to closure.
Dedicated medical case management
Our model for medical case management follows several medically driven principles: a focus on restoring wellness and a safe return to work; the use of meaningful and objective performance measures; and effective management of restrictions.
Performance measurement and analysis
Robust reporting enables us to measure our performance and deliver timely and relevant reporting to our clients. We have industry-leading data analytics to support our clients’ workers’ compensation cost-containment strategies and evaluate overall and specific program performance. We provide reports including loss runs, injury trending, adjuster performance, and other key measurements. We use industry best practice claims management solutions to analyze, process, manage and close claims.
