Workers' Compensation

TX: DWC Announces Performance Based Oversight Results For Insurance Carriers

Austin, TX (CompNewsNetwork) - The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) today announced the results of the latest Performance Based Oversight (PBO) assessment of insurance carriers in the workers’ compensation system. A total of 113 insurance carriers were reviewed with 40 carriers deemed as high performers, 70 carriers deemed average performers and three carriers deemed as poor performers.

Insurance carriers were assessed on their performance with timeliness of medical bill processing, timeliness of payment of the initial Temporary Income Benefit (TIBs) check, timeliness of reporting medical billing data, and timeliness of reporting initial payment of TIBs to TDI-DWC … read more