Texas Workers Compensation Self-Insurance Group (SIG) Changes to Administrator/Service Company Agreements Checklist

• Category: Texas Workers Compensation - Agreements
• State: Texas
• Control #: TX-FIN-473
• Format: PDF

Description

Workers Compensation Self-Insurance Group (SIG) Changes to Administrator/Service Company Agreements Checklist The Texas Workers Compensation Self-Insurance Group (SIG) Changes to Administrator/Service Company Agreements Checklist is a document which outlines the changes that must be made to the agreements between the self-insurance group and the administrators and/or service companies that provide administrative services to the group. The checklist includes the following items: 1. Update of the Administrator/Service Company's Contract Terms and Conditions: This includes changes to the scope of services, any new services that are being added, any modifications to the compensation structure, and any other changes to the contract. 2. Update of the Administrator/Service Company's Insurance Requirements: This includes changes to the insurance requirements that the administrator/service company must maintain in order to provide services to the self-insurance group. 3. Update of the Administrator/Service Company's Reporting Requirements: This includes changes to the reporting requirements that the administrator/service company must provide to the self-insurance group. 4. Update of the Administrator/Service Company's Financial Requirements: This includes changes to the financial requirements that the administrator/service company must meet in order to provide services to the self-insurance group. 5. Update of the Administrator/Service Company's Compliance Requirements: This includes changes to the compliance requirements that the administrator/service company must meet in order to provide services to the self-insurance group. 6. Update of the Administrator/Service Company's Claims Handling Process: This includes changes to the claims handling process that must be followed by the administrator/service company when handling claims for the self-insurance group. 7. Update of the Administrator/Service Company's Record keeping Requirements: This includes changes to the record keeping requirements that the administrator/service company must maintain in order to provide services to the self-insurance group. 8. Update of the Administrator/Service Company's Auditing Requirements: This includes changes to the auditing requirements that the administrator/service company must meet in order to provide services to the self-insurance group.

The Texas Workers Compensation Self-Insurance Group (SIG) Changes to Administrator/Service Company Agreements Checklist is a document which outlines the changes that must be made to the agreements between the self-insurance group and the administrators and/or service companies that provide administrative services to the group. The checklist includes the following items: 1. Update of the Administrator/Service Company's Contract Terms and Conditions: This includes changes to the scope of services, any new services that are being added, any modifications to the compensation structure, and any other changes to the contract. 2. Update of the Administrator/Service Company's Insurance Requirements: This includes changes to the insurance requirements that the administrator/service company must maintain in order to provide services to the self-insurance group. 3. Update of the Administrator/Service Company's Reporting Requirements: This includes changes to the reporting requirements that the administrator/service company must provide to the self-insurance group. 4. Update of the Administrator/Service Company's Financial Requirements: This includes changes to the financial requirements that the administrator/service company must meet in order to provide services to the self-insurance group. 5. Update of the Administrator/Service Company's Compliance Requirements: This includes changes to the compliance requirements that the administrator/service company must meet in order to provide services to the self-insurance group. 6. Update of the Administrator/Service Company's Claims Handling Process: This includes changes to the claims handling process that must be followed by the administrator/service company when handling claims for the self-insurance group. 7. Update of the Administrator/Service Company's Record keeping Requirements: This includes changes to the record keeping requirements that the administrator/service company must maintain in order to provide services to the self-insurance group. 8. Update of the Administrator/Service Company's Auditing Requirements: This includes changes to the auditing requirements that the administrator/service company must meet in order to provide services to the self-insurance group.