(This is actually a reprint of a 2009 Newsletter Article. However, we have many new readers to the Blog and I felt it deserved to be posted again.) Disability financial reserves are generally defined as “a monetary estimate of what a claim will cost.” The reserve represents money set aside for the eventual payment of [...]
Archive for the ‘Reservation of Rights’ Category
Financial Reserves and Reservation of Rights by Linda Nee
Posted in Reservation of Rights on February 4, 2011 | Leave a Comment »
Unum Places Change in Defintion Claims on ROR to Benefit at Year-End
Posted in Reservation of Rights on November 15, 2010 | 1 Comment »
DCS has received evidence Unum is placing “change in definition” claims on ROR status in an effort to understate financial reserves for year-end. (We hope the SEC fellows are watching this post!) As we’ve explained in many of our other posts, Reservation of Rights is a pay status which when coded into the pay system [...]
Unum’s Manipulation of Reservation of Rights Status by Linda Nee
Posted in Reservation of Rights on November 6, 2010 | Leave a Comment »
Has your Unum disability claim been recently placed on Reservation of Rights? Not yet? This is the time of the year when Unum Group’s management approves claims to be placed on Reservation of Rights status in an effort to manipulate its financial reserves. For those of you who have not understood this particular Unum strategy, [...]
