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2003-326
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2003-326
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Last modified
12/20/2016 12:13:37 PM
Creation date
9/30/2015 7:09:11 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/02/2003
Control Number
2003-326
Agenda Item Number
10.B.
Entity Name
Brown & Brown Inc.
Preferred Governmental Claim Solutions
Subject
Services Agreement Third Party Claims
Archived Roll/Disk#
3208
Supplemental fields
SmeadsoftID
3542
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' PGCS <br /> Preferred Governmental <br /> Claim Solutions <br /> REBATE <br /> As you may be aware, some Third Party Claim Administrators <br /> (TPA) offer a low per claim fee for administration services in order <br /> to secure your business . The TPA ' s income is then derived from <br /> rebates / commissions they receive from the outside vendors they <br /> assign various services to . The result of this practice is the outside <br /> vendors charge a higher price for their services in order to <br /> compensate the Third Party Claims Administrator. These higher <br /> prices are passed on as an allocated expense to the individual <br /> claims . The Employer thereby incurs a substantially higher per <br /> claim cost as a consequence of this practice . <br /> In addition, there is always the question if the TPA is using a <br /> particular outside vendor because of the high quality of work <br /> product or because that vendor provides the highest commission / <br /> rebates back to the TPA. <br /> PGCS receives no monetary rebates , commissions and / or <br /> other incentives from the use, recommendation or assignment <br /> of any outside / allocated service including but not limited to ; <br /> managed care, surveillance, attorney ' s, transportation <br /> company ' s, rehabilitation and medical providers. <br /> P. O. Box 958456 Lake Mary, FL 32795- 8456 Phone : (321 ) 832- 1400 Facsimile : (321 ) 832 - 1448 <br />
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