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July 7, 2011

Using Claims Auditing Services To Monitor Self Insured Retentions (SIRs)

Many policyholders are altering their traditional insurance plans by increasing the amount of self insured risk, often resulting in claims being administered by third party administrators (“TPAs”). Excess carriers attaching above the self insured retentions (“SIRs”) demand to employ firms that offer claims and TPA auditing services to ensure that claims are handled correctly and in compliance with predetermined claims supply agreements.
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