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Make the Right Health Insurance and Workman’s Compensation Decision
Danard Lilly Corporation’s Computerized Pain Assessment Software has been helping to reduce patients time to recover by 20 to 30 percent since 1991. By expanding our services to workman compensation and insurance companies these companies will now be able to get the most value from their dollar spent by:
An Example of Potential Savings: Florida State Workers Compensation. Analysis 1990 to 11/01/2003. Reviewing the Workers’ Compensation Claims Statistical Query for the State of Florida, the total cost in dollars and lost productivity to the State of Florida, brings to light the necessity of providing a comprehensive plan for the reduction of these costs. With a total cost of over eighteen billion dollars, ($18,771,389,384.00) and one million (1,173,855) cases with an average cost per case of fifteen thousand dollars, ($15,991.00) the need for a comprehensive tool to reduce these costs is readily apparent. The Pain Assessment Software has a statistical history of reducing a case’s time to recovery by an average of 20% to 30% per case. By utilizing the 20% figure for the Pain Assessment Software, the State of Florida would have realized a savings of three thousand, one hundred and ninety-eight ($3,198.00) per case or a total of three point seven billion dollars, ($3,754,277,876.00) over the statistical time period. With replication of this type of Pain Assessment Analysis to the other forty-nine States, the potential savings from the Workman’s Compensation program alone creates a potential yearly savings in billion of dollars per year to the states.
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