Services: Ongoing Deductible Administration (Outsource)

As commercial insurers seek new ways to reduce operating costs and strengthen their bottom line, the ability to identify, bill and recover cash due to them will take on greater significance. Paragon's third party deductible (TPD) administration services are designed to help you gain a competitive advantage by providing focus and unique technology to an otherwise underserved business process.

Paragon provides ongoing/outsource administration solutions for the entire TPD life cycle including: identification, qualification, billing, recovery, remittance and management reporting. By leveraging Paragon's expertise in deductibles and our economies of scale, insurers gain an advantage over their competitors in the following ways:

Increased cash flow, reduced receivable aging and maximum collection success through our disciplined recovery process.
Access to Paragon's proprietary predictive analytics and data mining software to identify and recover deductibles that would have otherwise gone uncollected.
Elimination of all internal costs associated with deductible processing and administration, which ranges from full-time billing and recovery staff to partial time of claim adjusters.
Access to the industry's premier TPD billing and collection processes without significant internal investments in staff, software and hardware.

Case Study: Ongoing Deductible Administration (Outsource)

Services