Every year, health plans disrupt their members and still miss as much as 50 percent of claims that are eligible for subrogation. This little-known fact points to the reality that health plans, TPAs, ...
Subrogation is a fundamental concept in insurance that allows an insurance company to step into the shoes of the insured after a loss and seek recovery from a third party that caused the damage.
What is subrogation? Why am I being asked to waive it? Should I care? To answer that last question, let’s take a quick run at the first two. What Is Subrogation? “Subrogation” refers to the act of one ...
Recently, I was speaking with a client, and we were discussing some of the unique issues subrogation professionals face on a regular basis. He stated that one of the things that new recovery adjusters ...