Use the Closed Claims report to see what claims have recently closed and what the budget looks like.
The report results show the claim budget when the claim is closed by L&I, with numbers adjusted for % Liability.
Parameters:
Start Date and End Date (required) filter the results to claims closed within the date range.
Employer Program (required) selects the retro or TPA program to be included in the report and in the Employers parameter drop-down. The default is the first retro group found so, if your firm manages only one retro group, no selection is needed.
Employers (optional) allows you to narrow results to a specific employer account or group of employer accounts. If left showing None Selected, all active and inactive accounts (including internal, administrative accounts) will be included.
^Let me pick inactive employers^ checkbox determines whether inactive employers are included in the choices for selection in the Employers parameter. To see only active employers, leave the checkbox unchecked (the default selection) and Select All (or a subset of) the employers in the Employers parameter.
Account Managers (optional) lets you select an account manager or group of account managers to focus on in the report.
Notes:
Claim Type uses the claim type value that is manually entered in each case/claim in the Basic Info section of the Claim sub-tab, Claim Info main tab. This is not the L&I claim type.
Percent Reserve Used is highlighted if over 100%.
Percent liability is set to 50% for all third party claims and to 0% for denied claims. Occupational disease claims will use the % liability shown in CAC. All other claims are 100% liability.
Paid (actual cost) numbers represent the portion of costs for which the employer is liable (% Liable).
Reserve numbers, also adjusted for % Liable, show what is still recorded at L&I even though the claim is closed.