TMCnet News
Workers' Compensation Fund Reduces Claims Costs through Innovative TechnologyLISLE, Ill. --(Business Wire)-- Illinois Public Risk Fund (IPRF) one of the largest self-insured risk pools for workers' compensation coverage in the State of Illinois has launched the VIIAD Health Ticket to reduce claims costs for its nearly 500 public entities and governmental agencies members. The Health Ticket is an on demand, web based communication tool that transmits all the information relevant to a workers' compensation claims transaction to the injured worker, employer, and medical provider. The Health Ticket will reduce claims cost, enhance cost containment strategies, control utilization, comply with ever changing PPO legislation and improve communication among all parties. "The IPRF is committed to controlling claims costs for our member. As medical costs continue to rise, the VIIAD Health Ticket is a proven cost savings solution to compliment our unified loss prevention and claims management programs. The Health Ticket has been completely customized to meet the needs of IPRF and its members and was seamlessly deployed within our current programs," says Tom English, Secretary of IPRF. "This tool allows us to better services our members in a real-time environment." "The VIIAD Health Ticket was designed to benefits all parties, the injured worker, the medical provider and the Claims Payor. We developed the Health Ticket in such a way that it will provide our Clients with an immediate return on investment, and provide the injured worker with a clear understanding of their workers' compensation and managed care programs," says April Stiles, Chief Operating Officer of VIIAD. "We are excited with the opportunity to work with the IPRF in communicating critical information while reducing costs." About Illinois Public Risk Fund The Illinois Public Risk Fund is one of the largest self-insured risk pools for workers' compensation coverage and currently serves nearly 500 public entities and governmental agencies throughout the State. For additional information, please visit www.iprf.com. About VIIAD Systems, LLC Founded in 2006, VIIAD's objective is to advance our client's competitive position by providing innovative solutions that reduce costs and maintain compliance. VIIAD's award winning Health Ticket is a simple, elegant technology solution. For additional information, please visit www.viiad.com. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6168614&lang=en |
