Wal-Mart’s TPA Solution Satisfies State Regulators By Robert Warne - February 22, 2002
Wal-Mart, the world’s largest retailer and soon to be the world’s largest company, surpassing ExxonMobil, is out to create a model workers’ compensation program in the state of Washington.
Wal-Mart’s self-insurance status was recently threatened by state control over allegations it illegally denied payments and stalled payments to injured employees.
Bill Wertz, spokesman for Wal-Mart told adjustercom.com, “We strenuously rejected the state’s attempt to take-over our self-insured operation without any due process.”
As part of the agreement with the state, Wal-Mart will hire a third-party administrator for the next eight years to streamline its claims process.
Another aspect of the agreement is that the giant retailer must pay state-ordered awards to injured workers, even if it plans to appeal any of the claims.
Washington’s Department of Labor and Industries views this arrangement as a victory, because it is constantly faced with similar complaints from the state’s largest private insurer, Boeing.
Adjuster / Examiner Claims Examiner Santa Ana Unified School District Santa Ana, CA
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