Web-Enabled Workers' Compensation Injury Reporting SystemSource: HNC Insurance Solutions
The company estimates that EC-Web can potentially decrease the cost of filing a claim from $15 to as low as $1.50, and shorten the filing time from an average of 30 minutes to five minutes. The software can reduce errors and incomplete data from 10 percent of claims to one percent or less. Instead of waiting from two to seven days for acknowledgment and assignment of claims numbers, employers and administrators can get feedback immediately or within the same day. Additionally, injury information is stored for printing of OSHA and state specific forms, eliminating the need for multiple system and data entry.
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