Identify which of the following insurance claim processes are most likely to be current and future bottle-
Question:
Identify which of the following insurance claim processes are most likely to be current and future bottle-
(Appendix A) neck processes. =
(LO 7) Theoretical E B Cc Capacity Practical G Available Value-Adding (claims Capacity F Excess A Hours Time (hours per week) (85%) Average Capacity Process per Week per claim) (D=B+C) (E = 0.85 x D) Demand (G=E—F)
Receive claim 40 .08 hr ? ? 400 ?
Route claim to adjuster 80 16 hr ? ? 400 2 Investigate and settle claim 400 1.20 hr ? 2 400 2 Issue payment and close claim 50 AZ IN 0 ? 400 ot
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Related Book For
Cost Management Strategies For Business Decisions
ISBN: 12
4th Edition
Authors: Ronald Hilton, Michael Maher, Frank Selto
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