164-22 Exhibits to Agreement for Workers Compensation Third Party Administration - 2022.pdf

Professional Information Claims Resolution Corporation, Inc, provides New Jersey public entities with customized claims management and managed care solutions designed to reduce their total cost of risk. Our team assists with development of efficient and effective claim servicing guidelines, and designs and implements managed care solutions targeting our Clients’ demographics to maximize cost savings. In addition, Claims Resolution Corporation, Inc. assists with risk assessment, identification, and management to help create and implement effective loss control programs. Our client-focused solutions involve all relevant stakeholders to develop true partnered strategies while aligning potential internal and external resources. This process includes customized claims management servicing guidelines, dedicated staff, claim reviews, large loss analysis and cost containment strategies, adverse trend identification and remediation, reserve analysis and trending and benchmarking our Clients’ experience to other similar public entities. ‘Through the use of proprietary analytics and metrics, our Clients are able to clearly trend and predict those aspects of its program which are succeeding and those that require additional risk management intervention. All of these services and programs are offered as part of our proposal. Key Differentiators Claims Resolution Corporation, Inc. is a New Jersey domiciled corporation created with the sole purpose of providing superior claims management and risk management consulting services to public entities in the region, What is the benefit to the Township of West Orange? All service deliverables are performed in New Jersey this includes: ¢% All claims handling * All claims intake * AILIT functions/support All management staff * All check printing * All executive staff If the Township of West Orange needs something critical to the success of their program our New Jersey-based teams will deliver it! As an independent Third Party Administrator, we are not owned by an insurance company, managed care company, or other remote corporate entity whose interests may differ from that of our Clients. In short, we answer to you ~ fhe Client, What is the benefit to the Township of West Orange? “% We answer to you the Client. ¢ We are more nimble and flexible in our + We make decisions here in New Jersey. responsiveness, “* We can be

ent, What is the benefit to the Township of West Orange? “% We answer to you the Client. ¢ We are more nimble and flexible in our + We make decisions here in New Jersey. responsiveness, “* We can be more competitive in pricing our services, [crc]