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FastTrack Adds New Tool to Help Life Insurers Better Manage Their Life Waiver Risk Management Process
FastTrack Technology Helps Life Carriers Verify Employability for Claimants & Provides Automated Vocational Validation and Documentation
BEDMINSTER, N.J., Jan. 17, 2012 /PRNewswire/ -- FastTrack Return-to-Work Solutions today announced the release of its Life Waiver Management Tool. Aimed at Carriers and Third Party Administrators with Life and Disability operations, the product helps to more efficiently manage the Life Waiver process, for both new and existing Life Waiver claims, by automatically verifying employability for Life Waiver claimants within their existing restrictions and limitations. The new technology provides automated vocational support for liability decisions within an ONET/DOT framework. In addition, a strong set of validation and documentation reporting tools are provided. It is currently being implemented at one of the nation's largest Life Insurance carriers.
Sean Rutherford, FastTrack's Vice President of Product Management, stated, "We are very excited to add this new tool to our suite of FastTrack tools. Our technology provides a great opportunity for Life Carriers and TPA's to more actively manage their Life Waiver operations in a cost effective manner to produce faster and more effective claim resolutions while simultaneously providing automated vocational validation and robust reporting to support all risk management outcomes."
About FastTrackRTW.com
FastTrack is a suite of tools utilized by Life Insurers, Short/Long Term Disability and Workers Compensation insurance carriers, self-insured employers, TPAs and Case Management providers to enhance their current Return-to-Work initiatives.
For more information, please contact:
Robert Kuller, Vice President -- Marketing and Corporate Relations
610.539.6948
robert.kuller@fasttrackrtw.com
http://www.FastTrackRTW.com
This press release was issued through eReleases(R). For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.
SOURCE FastTrackRTW.com
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