CHICAGO - (Business Wire) CS STARS LLC, the leading provider of risk management technology, today announced that it will offer a data conversion and reporting solution for organizations that are required to submit medical data to the National Council on Compensation Insurance, Inc. (NCCI). The Medical Data Call, a new mandate that will apply to employers with self-insured workers’ compensation plans, insurance companies and third-party administrators, in 36 states, will go into effect at the start of the third quarter of 2010. Under the mandate, these organizations (defined as “eligible participants” under the mandate) will be required to report all workers’ compensation claims occurring in the applicable states to NCCI within one quarter of their occurrence.
To facilitate compliance with the NCCI mandate, CS STARS’ data conversion solution can track all data, including intuitive data edits, required to meet the NCCI Medical Data Call format, assisting third-party administrators, insurance carriers, and self-insurers in reporting the data to NCCI.
“With about 60% of workers’ compensation benefits attributable to medical costs, several state regulators and legislators are looking to NCCI to provide the analysis that can help them develop effective medical cost containment strategies,” said Vince Homer, director of product management for CS STARS. “Against this backdrop, 2010 is shaping up to be a dynamic year for regulatory compliance initiatives. We have been closely monitoring the new mandate involving NCCI to make sure our solution will enable the eligible self-insured employers, insurers and third-party administrators to address their respective requirements.”
CS STARS will be able to report all data required under the mandate directly to NCCI or to other insurance carriers in the specified format on behalf of its clients. The CS STARS data conversion solution will become available pending the NCCI certification testing period, which NCCI has currently scheduled for the second quarter of 2010.
For additional information about the NCCI Medical Data Call Solution, contact Gabrielle Vetrone of CS STARS at (650) 728-7218 or email gvetrone@csstars.com.
About CS STARS
CS STARS LLC, a business unit of Marsh, serves the technology needs of risk management professionals, as well as insurance carriers and third-party administrators – delivering integrated software and services for risk, claims and compliance management. CS STARS’ primary software platform, STARS™ Enterprise™, supports comprehensive risk management, enterprise risk management (ERM) and compliance and safety management. CS STARS has more than 500 employees worldwide and serves over 1000 clients. Its software and services help clients improve business processes, manage costs and reduce enterprise risk. CS STARS Web Site is www.csstars.com.
CS STARS LLC
Gabrielle Vetrone
(650) 728-7218
gvetrone@csstars.com
