RateFast National Comp 2024

Are skyrocketing workers' comp costs threatening your bottom line?

RateFast is Revolutionizing Workers' Comp for Self-Insured Employers

Self-insured employers face unprecedented challenges in managing workers’ compensation claims:

Average claim costs have tripled to $42,000 over the past two decades
Catastrophic “mega claims” add $1-2 billion in annual losses
Excess insurers are reducing coverage offerings, potentially increasing to between $500,000 to $1 million per claim.

RateFast delivers the solution you need

Our patented, evidence-based system leverages data from over 80,000 cases to provide unparalleled accuracy in impairment ratings:

Generate accurate ratings within days, not months
100% acceptance rate by employers, carriers, and courts
Optimize reserves and reduce costly delays

How RateFast Makes Workers’ Comp Work for Self-Insured Employers

RateFast leverages patient data and proprietary algorithms to generate accurate impairment ratings and patient trajectories for workers’ compensation cases. This allows self-insured employers to make informed decisions about claims management, workforce planning, and productivity optimization.

By providing precise impairment ratings quickly, RateFast:

Prevents unnecessary treatments and medications for patients.
Provides faster claim resolution and legally compliant return-to-work timelines.
Decreases litigation cost defensible impairment ratings with 100% acceptance rate.

Real Results For Real Employers

Manufacturer reduces claim duration

Office equipment manufacturer reduced claim duration by 95% and saved $48,144 annually, achieving a 28x ROI using RateFast’s MMI tool for a bilateral wrist injury case.

Hospital system saved $45,136 annually

Hospital system reduced claim duration by 88% and saved $45,136 annually, achieving a 28x ROI using RateFast’s technology for a knee injury case.

Transportation company cut claim duration by 83%

A transportation company cut claim duration by 83% and saved $14,997 annually, receiving a 9x ROI by using RateFast’s patented tools on a lumbar spine case.