For each of the last four fiscal years, it shows the following:
Cost per Claim
Average Processing Time
Claims Referred
Claims Finalized
Claims Waiting
Claims that were finalized fall into the following three categories:
Accepted
Withdrawn/Abandoned
Rejected
Claims waiting are broken down into the following time periods:
0-6 months
7-12 months
13-24 months
more than 2 years
The following are the numbers by fiscal year (Note: The totals may not be exactly 100% due to rounding):
For the fiscal year 2007-08 the cost per claim is $4,938 and the average processing time is 14.1 months. 30,600 claims were referred, 15,000 claims were finalized and 42,000 claims were waiting.
Finalized claims are broken down into the following percentages: 41% were accepted, 19% were withdrawn/abandoned and 40% were rejected.
Claims waiting are broken down into the following percentages: 45% for 0 to 6 months, 26% for 7 to 12 months, 26% for 13 to 24 months and 3% for more than 2 years.
For the fiscal year 2008-09 the cost per claim is $4,100 and the average processing time is 16.4 months. 36,300 claims were referred, 20,300 claims were finalized and 58,000 claims were waiting.
Finalized claims are broken down into the following percentages: 43% were accepted, 20% were withdrawn/abandoned and 37% were rejected.
Claims waiting are broken down into the following percentages: 35% for 0 to 6 months, 25% for 7 to12 months, 34% for 13 to 24 months and 6% for more than 2 years.
For the fiscal year 2009-10 the cost per claim is $2,850 and the average processing time is 19.2 months. 29,900 claims were referred, 28,500 claims were finalized and 59,000 claims were waiting.
Finalized claims are broken down into the following percentages: 40% were accepted, 22% were withdrawn/abandoned and 38% were rejected.
Claims waiting are broken down into the following percentages: 23% for 0 to 6 months, 25% for 7 to12 months, 39% for 13 to 24 months and 13% for more than 2 years.
For the fiscal year 2010-11 the cost per claim is $2,500 and the average processing time is 21.9 months. 22,700 claims were referred, 33,400 claims were finalized and 48,300 claims were waiting.
Finalized claims are broken down into the following percentages: 37% were accepted, 20% were withdrawn/abandoned and 43% were rejected.
Claims waiting are broken down into the following percentages: 26% for 0 to 6 months, 19% for 7 to12 months, 36% for 13 to 24 months and 19% for more than 2 years.