If you are contemplating a relationship with a potential TPA, Praxis can:
- Pre-qualify them
- Help you to create a Request for Proposal "RFP"
- Assist you in the review of TPA bids in response to your published RFP
- Conduct on site visits of the final contenders to confirm the minimum requirements as put forth in the bids
- Assist in the review of the proposed contract to be sure that the client's services required are properly represented
- Help you to decide on the most advantageous pricing structure for your specific situation
Our confirmation process includes but is not limited to the review of:
- Claim facility organizational chart
- Claims staff (CV’s/resumes/tenure)
- Licensing of employees (individual, corporate or reciprocal)
- Workload/reports by adjuster
- Litigation inventory
- Claim administration procedures
- TPA claim system and reporting/access capabilities
- Existing or template TPA agreements if available
- Large loss reporting procedure and report format
- Claim authorities of adjusters and supervisors
- Confirmation of and review of claim manual
- Coverage verification procedure
- Diary procedure for adjusters and supervisors (manual/mechanized)
- Recovery procedures (salvage/subrogation/contribution)
- Catastrophe plan
- Management of outside counsel (Litigation Management)
- Management of other vendors
- Certificate of incorporation or LLC
- Reference checking with existing clients
- Confirmation of professional liablity coverage
- Confirmation of Fair Claims Act compliance
- Background information requests (corporate and individual)
- Criminal and litigation history checks (corporate and individual)