The International Association of Industrial Accident Boards and Commissions announced the publication of new standards used by insurers to report workers’ compensation insurance policy data.
IAIABC said the “Proof of Coverage Release 3.0 XML Standard” increases flexibility for jurisdictions and makes it easier to define required data elements and receive real-time reports.
Jurisdictions can begin implementing the new standard in May 2021 to provide all stakeholders sufficient time to complete the necessary programming changes, IAIABC said.
Development of the Proof of Cover...
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