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.
Ready to transform your workers' comp program?
Meet with us at National Comp 2024 to learn how RateFast can work for you.
Don't miss this opportunity to gain control of your workers' comp costs
Schedule Your Consultation at National Comp 2024
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