EDI Training Aid #11 - Reporting of Compromise Settlements
Description
Many Claim Administrators and their Attorneys have questions about howto report the payment of a Compromise Settlement once it has been approved by the Commission. This document was created to help them with their submissions to ensure accuracy and acceptance.
The Reporting of Compromise Settlements Training Aid includes the following:
- Scenarios
- One JCN settled
- Two JCNs settled
- Three or More JCNs settled
- Claim settled by more than one Insurance Carrier/Claim Administrator
- Additional Notes