Statistical Sampling: Accurate Projections from Minimal Resources

The Situation

A leading insurer asked NERA to sample insurance claims so it could estimate the percentages of claims being overpaid, underpaid, and paid properly.

NERA's Role

Our task was to determine samples that would be precise and that would engender confidence in those reviewing the results. NERA used its proven techniques to excerpt a small sample whose results could be projected across the universe of claims.

The Result

The insurer quickly obtained representative numbers that were defensible and cost-effective.