CSLNews

Review of Iowa CSLN Experience

In September 2004, the CSLN team prepared a report for the State of Iowa summarizing the results of their CSLN experience for the first six months of participation in the insurance settlement intercept process. Approximately 71,000 NCP Records with over $1 Billion in arrears has been maintained in CSLN since Iowa’s startup. Iowa has an active Workman’s Compensation (WC) insurance intercept program; when already known WC matches are identified by CSLN, they are closed as “(Income Withholding) IW Already in Place”. Two of Iowa’s neighboring states, Illinois and Missouri, are also participating in the CSLN, allowing the potential of increased regional insurance participation and a wider net to capture more insurance settlements.

Insurance Settlement Performance Measures
Successful Intercepts — # Matches and Total Collections

6 Month Match Activity	WC	PI	Grand Total
Total Lump Sum Payments	$45,707.75	$8,786.25	$54,494.00
# Matches with Payments			24
Average Lump Sum Payment			$2,270.58
Total Periodic Payments *	$34,169.78		$34,169.78
# Matches with Periodic Payments	32		32
Average Periodic Pmt Amt per Match	$1,067.81		$1,067.81
Total Payments Received			$88,663.78
# Matches with Payments			56
Overall Average Payment			$1,583.28

The state of Iowa has realized collections on 56 matches of Iowa NCPs to active open insurance claims. The state of Iowa has reported to CSLN that 24 of the matches produced lump sum payments, while 32 matches produced periodic payments. Multiple matches on cases usually are a result of insurers making initial payments and final payments on a claim, while the periodic payments usually indicate it is a WC type of claim with a protracted payout schedule over the course of the disability of the worker.

Payments Received thru 2/28/2004	# Matches	Amount
Lump sum payments	24	$54,494.00
Periodic Payments	32	$34,169.78
Total	56	$8,866,378