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Intercare Holdings Insurance Services, Inc 5/8/2026
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Intercare Holdings Insurance Services, Inc 5/8/2026
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Last modified
5/8/2026 9:26:44 AM
Creation date
5/8/2026 9:24:25 AM
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Contracts
Contractor's Name
Intercare Holdings Insurance Services, Inc
Approval Date
5/8/2026
End Date
5/4/2029
Department
Finance
Department Project Manager
Bert Cueva
Subject / Project Title
Third Party Claims Administrator
Tracking Number
0005239
Total Compensation
$125,000.00
Contract Type
Agreement
Contract Subtype
Professional Services (PSA)
Retention Period
6 Years Then Destroy
Imported from EPIC
No
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<br /> <br /> <br />City of Everett <br />RFP #2026-001 for Third Party Claims Administrator (TPA) Services <br /> <br />Below is a list of solutions and tools we have successfully implemented to improve claims management <br />processes and meet the diverse needs of our clients: <br />Innovative technology has changed the way we do business at all levels. The following are examples of <br />the value-added tools Intercare has implemented to streamline processes, increase access to information, <br />and increase our cost containment opportunities. <br />1st Party Subrogation Recovery Services (See Third Party Subrogation Services below) <br />Intercare provides subrogation recovery services to many of our clients. In 2013, George Hills created a <br />dedicated Subrogation Recovery Unit to handle recovery opportunities for our clients who have requested <br />or contracted with us for subrogation recovery services. When George Hills and Intercare blended our <br />services, that Subrogation Recovery Unit was combined with Intercare’s offerings to bring the City the <br />best of the best in financial recovery for your agency. <br /> <br />Our standard subrogation fee is 30% of the amount collected; however, Intercare has been successful <br />more than 80% of the time collecting our fees, thus equating to recovery essentially free of charge. The <br />minimum amount to be paid to Intercare will be $250 per claim. <br />Generally, no recovery shall be agreed to involving payment plans if the recovery is less than $5,000 <br />and/or greater than a one-year term. Exceptions can be made on a case-by-case basis. If a recovery is <br />agreed to above this amount, the subrogation fee shall be 45%. In the event a payment plan is authorized <br />and entered, the subrogation fee will be based upon the total amount of the lien and will be invoiced to <br />the City. <br />If authorized, small claims court appearances for recovery of funds will be priced at $250 per appearance. <br />In the event of multiple appearances for the same court on the same day, a flat fee of $500 is priced for <br />half a day, and $1,000 for a full day, regardless of the number of claims handled on that day. <br />The benefits of Intercare’s subrogation recovery: <br /> High-level expertise of subrogation recovery <br /> Recovery of damages to property, utilities, hazardous material cleanup <br /> Small claims <br /> Preparation of proof of loss statements <br /> Claim reporting activity, demand letters, final demand to claimant with suspended license, <br />closing and/or payment transmittal <br /> Settlements <br /> File retention <br /> Development of policy and procedures <br /> Provision of account manager and lead subrogation adjuster <br /> <br />Quick Stats on Subrogation Recovery Results <br />2,272 - Average number of subrogation claims handled in 2024 <br />91% - of claims handled result in a Recovery <br />83% - of claims result in a full recovery (including Fees) <br />84% - of amounts sought for our clients are recovered <br />Average recovery: $5,590.53/claim <br /> <br />Value Added Tools: <br />Our subrogation recovery <br />unit has performed <br />spectacularly, recovering <br />several million dollars on <br />behalf of our clients. <br /> <br /> <br />15
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