| Benefit Buddy™ Efficiency Software For Claims Professionals |
| Benefit Buddy™ Testimonials Benefit Buddy is user friendly, eliminates errors, and saves time and money for our clients. It is also a useful tool in the office and at mediations when quick and accurate calculations are needed. When asked what Drew Eckl & Farnham's position was regarding recommending the software to other Law Firms, State Board of Workers' Compensation and (your) clients? The response was a definitive and sure "Yes we would recommend!" Drew Eckl & Farnham, LLP Attorneys at Law _________________________________________________________ Benefit Buddy is an excellent time-saving tool that allows me to quickly and accurately calculate the entire settlement value of a claim on one screen or just one component of future benefits. It also has built into the program four life expectancy tables as well as the comp rates for past years, encompassing everything you need to evaluate a claim into one software. It also increases the accuracy of my calculations because I no longer have to manually compute each type of benefit. I highly recommend the software as a valuable resource for evaluating claims. Kimberly Stone Boehm, Esq. Stone & Boehm, P.C. Attorneys at Law _________________________________________________________ I want to thank you for developing such a wonderful tool for us to use in calculating exposure in workers' comp defense cases. Your Benefit Buddy is easy to use, and accurate. Before we got it, we were doing the calculations the old-fashioned way, using the "wheel" and present day value tables. It took way too long the old way. Using the Benefit Buddy, our calculations can be done quickly and easily. It makes it a breeze. Thanks so much. Gregory Presmanes, Esq. Bovis, Kyle & Burch, LLC Attorneys at Law _________________________________________________________ I highly recommend Benefit Buddy to all workers' compensation practitioners. It is an invaluable tool that I use every time that I am preparing a settlement demand in my cases. Benefit Buddy is particularly helpful to me because with one click of the mouse it quickly reduces my figures to present value. I also enjoy having the charts for TTD, TPD and PPD benefits available at my fingertips. Benefit Buddy has certainly served me well! Susan J. Sadow, P.C. Attorney at Law _________________________________________________________ The program is absolutely awesome. I use it daily and wonder how we ever made it without it. I was a part of the original testing program. I can guarantee, you will not be disappointed. Sue Lorance Consultant _________________________________________________________ Excellent write up !!! I think you touched on the many qualities of this program. As you are aware, I loved putting "The Wheel" and charts to rest; using Benefit Buddy assures me that the dates and figures are correct, keeping in mind that it only takes seconds, minutes not hours. Claire Beeland Claims Examiner _________________________________________________________ "I have used Benefit Buddy for approximately the last 4 years in my Workers' Compensation law practice. The software is easy to use and saves me both time and money by simplifying calculations on expired benefits, future benefits, lifetime benefits, medical benefits and present day values. By Plugging in a few numbers, I get the information I need to determine the value of claims. I also have TTD, TPD, and PPD income benefits, with the effective dates of each change, available with one click of the mouse. I believe that anyone who practices in Workers' Compensation either as an insurance adjuster, defense attorney or claimant's attorney would benefit from the use of this program. I have ordered the upgrade to Benefit Buddy 5.0 and look forward to using the added features that make a good product even better." Foy S. Horne, Jr., P.C. Attorney at Law _________________________________________________________ I’ve been meaning to write you for days, but you know how busy things get in this business. Which is why I am so happy with the Benefit Buddy. I just don’t have the time to sit and mess with forms and calculators and typing up a report – and with the Buddy, all I have to do is pop some dates, rates and make a guess on futures and the program does all the work and spits out a really professional looking report that I can attach to emails, etc. I’ve worked some other systems, and none of them seem to have the level of detail, for instance taking into account the various types of medical care issues, etc., and so they still leave you doing half the work on paper & calculator. The difference, I guess, between a calculation program that’s been made by an IT or accountant type or by someone that actually works claims. Nancy Lyman Workers' Compensation Executive _________________________________________________________ Thank you for your consideration in updating our software and giving us the opportunity to expand upon the valuable uses we have found for Benefit Buddy. I did want to let you know that it has been a great benefit to me in the settlement analysis of workers' compensation claims. Specifically, it assists me by placing all of the data that I need to make a settlement analysis determination in one place. It saves using the calculator over and over to determine the settlement values of a case. It has saved me a considerable amount of time in the preparation of settlement analysis versus the other options available. Once again thank you for the update and I look forward to receiving the new updated version of Benefit Buddy. Larry W. Fouche, Esq. Chambless, Higdon, Richardson, Katz & Griggs, LLP Attorneys at Law _________________________________________________________ Until coming over to the WC Unit at the Pool, I had been out of direct workers' compensation claims handling since the 1980's. I still remember, however, the cumbersome and time-consuming manual calculating that had to be undertaken, to determine temporary, permanent, and lifetime indemnity benefits for reserving and settling cases. Of course, projected medical benefits had to be figured, virtually manually, as well. I did not look forward to those exercises, especially on the longer term, difficult high dollar claims. There was significant potential for mathematical error, and in order to insure accuracy, double and sometimes triple checking the math on a hand-held or desk calculator was necessary - which took time. For example, to calculate present values one had to use a hand-held, slide-rule type calculator (if one could be located), which involved several steps. Literally, figures had to be aligned physically, etc. With Benefit Buddy the time to determine present dollar value becomes almost instantaneous. Only two entries are required, along with highlighting the appropriate choice of programmed available discount rates - and the deed is done; AND the system is always at your finger tips in the computer. The program insures accuracy, as well. Of course, the above is one example, only. Benefit Buddy's extreme versatility is evident in the various menu choices of calculations that can be performed. They are too numerous to list in this memo. However, some other examples include Benefit Buddy's ability to immediately perform initial reserving and subsequent changes, quickly and easily, without the confusing and ambiguity experienced with previous paper forms/formats. Figuring birth dates and available lifetime weeks are programmed for immediate calculation. COLA and medical inflation calculations can be done quickly, by going to readily available tables. The efficiency offered by the reduction in time to figure lifetime inflation in Benefit Buddy, as opposed to having to perform the calculations in some other, more work intense manner, needs no further comment. It is obvious. Conversion of 7-day work week calculations to 5- days is instantaneous. Again, think of the ease and speed that this one tool, alone, offers a claims adjuster. The value of Benefit Buddy lies in its overall efficiency. Again, that is obvious to everyone who has the opportunity to use the system. It offers speed, accuracy, and versatility in its ability to facilitate changes in calculations, when needed in specific or unusual scenarios. It is also a system which can be adapted, easily to accommodate the periodic updates in workers' compensation benefits and the law, itself, i.e. new caps, etc. The Help guides are uncluttered. Without question, Benefit Buddy offers the most practical claims tool I have seen. Richard Evans Claims Examiner, Workers' Compensation Copyright © 2004, 2005, 2006,2007,2008,2009,2010 All Rights Reserved |