Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

An insurance company is considering some process improvement options for their claims processing department. Below is a narrative of their current process.

The process begins when a Claimant creates & submits a Claim. When a new claim is received, a Claims Officer (CO) first checks if the Claimant is insured by the company. If the Claimant is NOT insured by the company, the Claimant is sent a claim rejection letter and the process ends. If the Claimant is insured by the company, the Claims Officer evaluates the severity of the claim to be either Simple or Complex. If the claim is determined to be ‘Simple’, the Claims Officer processes the claim and the ends the process with a resolution letter to the Claimant.

If the claim is determined to be Complex, the claim is assigned a ‘Claims Specialist’ who then contacts the claimant to complete additional forms and to collect additional materials. The Claims Specialist then sends a ‘Findings Report’ to the Claims Officer who reviews the findings report. The Claims Officer either approves the claim ending the process with a resolution letter sent to the Claimant or denies the claim. If the claim is denied, the Claims Officer sends the Denial back to the Claims Specialist who has to draft a denial letter and send it to the claimant thus ending the process.  

Create a BPMN model of the process.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93082285

Have any Question?


Related Questions in Operation Management

You can research the sources from the internet1 how long

You can research the sources from the internet. 1) How long will it take for lunch the private label brand? For example, given the example of Target's private brand, how long will it take to lunch those items? Tell me th ...

How do the requirements for coverage for domestic partners

How do the requirements for coverage for domestic partners, such as length of the relationship, compare with requirements for married couples? Do companies usually require a waiting period after dissolution of a marriage ...

Given us international strategy for cyberspace- policy

Given U.S.: International strategy for cyberspace- policy priorities: sustain a free trade environment protect intellectual property primacy of interoperable and secure tech standards, determined by technical experts pro ...

Thomas kratzer is the purchasing manager for the

Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. Thomas's fastest-moving inventory item has a demand of 5,800 units per year. The cost o ...

Assignment - change in an organizationcomplete the

Assignment - Change in an Organization Complete the following assignment: Team in Transition Al-tech Manufacturing has seen a downturn in the market which resulted in a reduction of sales and net income. In a move to imp ...

Fundamentals of law for health informatics and information

"Fundamentals of Law for Health Informatics and Information Management" for my class Legal and Regulatory aspects of Healthcare. 1. How is sensitive information related to behavioral health, substance abuse, genetic and ...

1 provide arguments for and against international trade

1. Provide arguments for and against international trade. Discuss trade agreements such as NAFTA, European union and ASEAN. 2. Discuss the role of cryptography in maintaining confidentiality and privacy of data. 3. What ...

The moose huntrod and martha nelson started the moose hut

The Moose Hunt Rod and Martha Nelson started The Moose Hut (TMH), a gift shop in Calgary, Alberta, more than 15 years ago. The Nelsons have capitalized on the tourist trade drawn by the Calgary Stampede, which is one of ...

Your organization has two business units one is a mature or

Your organization has two business units: one is a mature or established unit which manufactures products which are competitive on price. The product and manufacturing processes have few technological changes. The other ...

1 celebrating success in an organization that is culturally

1. Celebrating success in an organization that is culturally diverse can be a challenge. For example, some cultures are very individualist, such as the United States, while other cultures are very collectivist. How would ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As