Have All The Right Information Before Changing Your TPA

Rash decisions in the business world can be a significant expense. Not only can it be an expensive decision when changing out an insurer or third-party administrator (TPA), but it can lead to questions from both employees and clients. So, how do you best go about building a firm, long-term relationship between your business and your present claims administrator? The simple way to go about that is by: Hiring a competent TPA to begin with Making sure all necessary information is provided to the TPA when asked for Asking questions of your TPA and keeping an open line of communication In order to best decrease your workers compensation expenses, make sure you put together a formidable relationship from day one. As an example, a risk …