Has Unumprovident set aside funds to pay claims?
It appears to be $85 million. According to its press release, Unumprovident anticipates that it will incur expenses of $44 million for benefit costs and reserves from claims reopened from the reassessment process, and $41 million for additional benefit costs and reserves for claims already incurred and currently in inventory that are anticipated as a result of the claim process changes being implemented. Unumprovident intends to spend $27 million dollars to improve its claim handling process.
