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Insurance transcription includes transcribing insurance reports of any property, liability, holdings, assets, summaries, and notes on investigation and probes. This is to be done with great attention to detail so that costly errors can be avoided. Insurance companies busy with their business of insurance processing tasks may find it difficult to find time to focus on insurance transcription. It is vital for the insurance company to fulfill its agreements and obligations to clients perfectly and efficiently; otherwise the company will lose its valuable clients and may even face severe legal issues. Therefore it is practical for these companies to outsource insurance transcription to a professional transcription company and thereby reduce their documentation burden. Insurance Transcription Services Provided by Transcription Companies A reliable transcription company accepts insurance files in various formats such as audio analog tapes, digital sound files, and video recordings. Transcription services are available for: • Recorded insurance claim statements
• Summary reports
• Case management reports
• Insurance reports for property, holdings and assets
• Theft, property damage reports
• Medical insurance
• Workers’ compensation reports
• Insurance meetings and interviews
• Field investigations
• Fraud investigation reports
• Telephone conversations and more Benefits Gained by Outsourcing Insurance Transcription • Expert Staffs: Reliable transcription firms have highly skilled and expert staffs that are well-versed in insurance claims processing; they can effectively present all the facts of particular claims effectively for speedy resolutions. • Accuracy and Quality: You can expect 99 percent accuracy in the transcribed reports. This is made possible via three levels of quality checks by expert transcriptionists, proofreaders and quality analysts. • Secure and confidential: Reputable firms have adopted stringent security measures for safeguarding the confidentiality and privacy of insurance documents. They use FTP and browser-based 256 bit encryption protocol for the safe transfer of files through the internet. All computers are password protected to prevent unauthorized access. • Reduce Burden: The main purpose of outsourcing is that the insurance company can reduce heavy workload and backlogs. The hectic task of in-house transcription can be avoided, this in turns helps clients save their valuable time, focus on business activities and enhance their productivity. • Affordability: Affordability is a major concern while outsourcing. Reliable firms offer 30 to 40 percent cost savings. Find a Suitable Service Provider To enjoy all these advantages that come with insurance transcription service and to reduce the insurance company’s heavy burden, it is essential to tie up with a reliable transcription company providing insurance transcription services. By browsing the internet or by checking the yellow pages you can find an appropriate service provider. Some companies offer a free trial of their services; availing such offers will help you get an idea about the selected service provider. About Author MOS Legal Transcription Service, a US-based transcription company, provides reliable and affordably priced insurance transcription services to meet the challenges of insurance companies, human resource departments and private investigation agencies.
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