Market Study Services

 Evaluating, negotiating with, and recommending insurers and providers to our clients are Cornerstone Municipal’s specialties. Our position in the marketplace allows us to enjoy preferred financial arrangements with insurance vendors and third party administrators across the United States. We actively cultivate long-standing relationships with major carriers, and those relationships allow us to negotiate aggressively and obtain cost-efficient proposals for our clients.

As we negotiate with vendors, we will also examine your loss history, establish the necessary types of coverage consistent with your risk tolerance, choose carriers that provide superior services, and adopt the optimal funding mechanisms for your specific needs.

Vendor Service Agreements

We also evaluate vendors for other performance objectives and incorporate these objectives into the service agreement.


*Definitions
Financial Accuracy: Total amount of claims dollars paid correctly, divided by the total claims dollars paid.
Payment Accuracy: Total amount of checks issued for the correct dollar amount divided by the total number of checks issued.
Coding Accuracy: Total number of claims processed without a coding error (i.e. any inaccurate entry of information that does not result in a payment error), divided by the total number of claims processed.