iRatings

iRatings is Presenting at:????? Lexitas' 4th Annual?Sacramento Camp Comp?? CAMP COMP is a FREE one-day event centered around the ins and outs of workers’ compensation. Enjoy lunch followed by CEU courses (adjusters only), a happy hour and raffle prizes!? Register by April 4th!!?

?? Happy St. Patrick’s Day from iRatings! ?? Today, we’re feeling extra lucky to work with incredible partners in the workers' compensation industry, helping streamline impairment ratings and drive fair, efficient claim resolutions. Just like a four-leaf clover, the best outcomes in workers' comp require expertise, accuracy, and a little bit of good fortune—and at iRatings, we’ve got you covered! Wishing you all a day filled with luck, laughter, and success! ???? #HappyStPatricksDay #WorkersComp #ImpairmentRatings #LuckyToPartnerWithYou

LinkedIn Post: iRatings Delivers Proven ROI for a Large Program Client ? $9.75M in Lifetime Program Total Savings ? $5,103 Saved Per Case ? 27.3% of Cases Impacted ? 10.5 to 1 ROI When it comes to workers’ compensation impairment ratings, accuracy is everything. A large program client partnered with iRatings to ensure precise, defensible, and efficient impairment ratings, leading to significant cost savings and reduced disputes. ?? Key Findings from Our Q4 2024 Outcome Study: ?? 76.1% of cases had incorrect initial impairment ratings ?? iRatings corrected the average PD from 30.6% to 21.2% ?? 522 cases (27.3%) were directly impacted, reducing unnecessary claim costs ?? The Result? A 10.5x return on investment, proving that accurate impairment ratings lead to faster settlements, lower costs, and better claims outcomes. If your organization is looking for measurable results in workers’ compensation cost mitigation, let’s connect. We’d love to discuss how we can replicate these savings for your program. #WorkersComp #ClaimsManagement #CostSavings #ROI #ImpairmentRatings #iRatings #InsuranceIndustry

iRatings is coming to Los Angeles and Phoenix with our valued vendor colleagues offering complimentary CEU ?**NOTE: THIS IS FOR ADJUSTERS ONLY** Phoenix clients are invited to a complimentary 3-hour CEU!!

iRatings is coming to Los Angeles and Phoenix with our valued vendor colleagues offering complimentary CEU ?**NOTE: THIS IS FOR ADJUSTERS ONLY** Los Angeles clients you are invited to come for a fun night of training and BINGO!!! Be sure to RSVP by 3/21 to?[email protected] #CEU #adjusters #workerscompensation

?? What Sets iRatings Apart: The Importance of Accurate Impairment Ratings When it comes to workers’ compensation claims, the accuracy of impairment ratings can make or break a case. Small miscalculations can lead to significant financial consequences, delayed settlements, and unnecessary disputes. That’s why precision, consistency, and expertise are critical. At iRatings, we combine board-certified physician expertise with advanced technology to deliver impartial, standardized, and defensible impairment ratings. Here’s what sets us apart: ? Accuracy & Consistency – Our ratings strictly adhere to the AMA Guides and jurisdictional guidelines, ensuring uniformity across all cases. ? Faster Turnaround Times – We streamline the rating process so claims professionals get faster results without sacrificing quality. ? Expertise You Can Trust – Our team consists of seasoned professionals with extensive knowledge in workers' compensation laws, medical guidelines, and claim evaluation best practices. ? Reducing Disputes & Litigation – Accurate ratings mean fewer disputes, faster case resolutions, and significant cost savings for insurers, employers, and attorneys. ?? Why Does This Matter? A flawed impairment rating can lead to unnecessary appeals and increased claim costs. With iRatings, you get data-driven, defensible ratings that stand up to scrutiny—helping you make informed settlement decisions with confidence. ?? Let’s Set a Higher Standard in Impairment Ratings! If you’re ready to streamline your claims process and improve accuracy, let’s connect. #WorkersComp #ImpairmentRatings #ClaimsManagement #iRatings #InsuranceIndustry #SettlementOptimization

How Impairment Ratings Impact Claim Costs: A Financial Perspective- When it comes to workers' compensation claims, impairment ratings aren’t just numbers on a report—they’re key financial drivers that shape claim costs, settlement values, and long-term liabilities. Here’s why they matter: ? Direct Impact on Payouts – An impairment rating directly influences permanent disability benefits. A 1% difference in Whole Person Impairment (WPI) can shift the financial outcome of a claim by thousands—or even hundreds of thousands—over time. ? Settlement Strategy – Accurate ratings provide clarity, allowing stakeholders to assess exposure and negotiate fair settlements faster. Overstated ratings inflate costs, while understated ratings lead to disputes, delays, and potential litigation. ? Reserving & Financial Planning – Impairment ratings feed directly into claim reserves, affecting financial forecasting for insurers and self-insured entities. Unverified or inflated ratings lead to unnecessary reserve allocations, tying up capital that could be deployed elsewhere. ? Litigation & Disputes – Misaligned ratings often trigger legal challenges, driving additional expenses in expert testimony, legal fees, and extended claim durations. A precise and defensible rating helps prevent unnecessary litigation, reducing overall costs. At iRatings, we ensure that impairment ratings are not just accurate, but aligned with financial reality—helping claims professionals, carriers, and employers make data-driven decisions that optimize claim costs and drive better outcomes. Want to see how we can help you control impairment-related costs? Let’s talk. #WorkersCompensation #ClaimsManagement #ImpairmentRatings #CostContainment #RiskManagement #iRatings

Emerging Trends in Workers’ Compensation Legislation You Need to Watch The workers’ compensation landscape is evolving rapidly, with new legislation shaping how claims are handled, impairments are rated, and settlements are reached. Staying ahead of these changes is critical for claims professionals, risk managers, and legal teams. At iRatings, we track these legislative shifts to help our clients navigate the complexities of impairment ratings and cost mitigation. Here are some of the key trends we see shaping the future: ?? Reevaluation of Permanent Impairment Ratings Several states are reconsidering how impairment ratings are determined, with debates over the use of the AMA Guides (various editions). Some jurisdictions are moving toward standardizing ratings, while others are shifting to alternative methodologies that could impact case valuations. ?? AI & Digital Health’s Role in Claims Management New regulations are emerging around AI-driven assessments and digital medical evaluations. These technologies have the potential to improve accuracy and consistency in impairment ratings, but compliance and transparency will be key areas of focus. ?? Presumption Laws Expanding Beyond First Responders The expansion of presumptive coverage laws—especially for mental health and occupational diseases—continues to grow beyond traditional first responders, impacting industries like healthcare, education, and logistics. This shift will drive changes in claim volumes and settlement trends. ?? Push for Faster and More Predictable Settlements With ongoing discussions around alternative dispute resolution (ADR) and structured settlements, states are exploring ways to streamline case resolution while maintaining fairness in payouts. This includes potential changes to utilization review processes and IME (Independent Medical Examination) standards. At iRatings, we provide data-driven impairment ratings that help insurers, TPAs, and legal professionals navigate these changing regulations with confidence. Our technology-driven approach ensures accuracy, compliance, and efficiency in the rating process—empowering better decision-making and cost control. ?? Want to stay ahead of these legislative changes? Let's discuss how iRatings can help your team adapt, optimize, and thrive in the evolving workers’ compensation landscape. #WorkersComp #Legislation #ImpairmentRatings #ClaimsManagement #RiskMitigation #AIinInsurance #iRatings

?? Faster Turnaround, Faster Settlements – That’s the iRatings Advantage! ? Delays in impairment ratings can slow down claim settlements, increasing costs and frustration for all parties. At iRatings, we streamline the process with fast, reliable, and objective impairment ratings, ensuring claims move forward without unnecessary delays. ? Quick Turnaround – Get ratings in days, not weeks ? Accurate & Defensible – Trusted by adjusters, attorneys, and physicians ? Cost-Effective – Reducing claim duration and settlement expenses Speed matters in workers’ compensation. Partner with iRatings and keep your claims on track! ??

?? The Role of Impairment Ratings in Disputing Whole Person Impairment (WPI) ?? When a workplace injury results in permanent impairment, the Whole Person Impairment (WPI) rating assigned to the injured worker plays a crucial role in determining benefits. But what happens when that rating is inaccurate or disputed? That’s where impairment rating expertise comes in. ?? Why Do WPI Ratings Get Disputed? Physicians use standardized guidelines (such as the AMA Guides) to assess impairment, but errors, inconsistencies, and subjective interpretations can lead to disputes. Common issues include: ? Misapplication of impairment tables and methodologies ? Overlooking pre-existing conditions or underlying causes ? Failure to properly account for maximum medical improvement (MMI) ? Variability in physician expertise and guideline familiarity ?? How Expert Impairment Ratings Make a Difference A properly conducted impartial impairment rating review can identify errors and overestimations, ensuring fair and accurate claims resolution. At iRatings, we leverage our expertise to: ?? Clarify medical complexities for attorneys, adjusters, and employers ?? Ensure AMA Guide compliance and guideline accuracy ?? Facilitate fair settlements by reducing disputes and unnecessary litigation ?? The Bottom Line A small miscalculation in impairment can lead to significant financial implications for all parties. By utilizing independent impairment rating reviews, stakeholders can confidently navigate disputes, settlements, and claims decisions with precision and fairness. #WorkersCompensation #ImpairmentRatings #ClaimsManagement #WPI #iRatings Would love to hear your thoughts—what challenges have you faced with impairment ratings? Drop a comment below! ??