What is an EDI 187 Premium Audit Request and Return Document?
EDI 187 is an electronic document that contains premium audit information. This information includes, but is not limited to, the following:
- Information related to premium audit request. This can include details about the type of audit, location of the business, audit policy, and date of coverage
- Information related to complete audit. This can include details about the information sources and audit classification code.
The data contents and format of EDI 187 Premium Audit Request and Return are used for the electronic interchange of information. It is divided into various segments and data elements.
Workflow for the Exchange of an EDI 187 Premium Audit Request and Return Document
EDI 187 falls under the category of X12N Insurance transaction sets. The EDI document is exchanged between property and casualty insurers along with providers of independent premium audit service. They use the EDI 187 Premium Audit Request and Return transaction set to send and receive information related to auditable liability, worker’s compensation, as well as commercial automobile insurance.
Stay EDI Compliant with EDIConnect
Simplifying the process of sending and receiving EDI messages, EDIConnect is an EDI solution designed for handling all X12, EDIFACT, and HL7 transaction sets. Featuring a built-in EDI translator, validator, and transaction builder, EDIConnect aids communication between trading partners, as well as helps them streamline the process of information exchange through process orchestration.