The path to controlling workers comp costs begins with making certain that all relevant information is current and accurate, down to the smallest detail.
When communication suffers and an employers injuries arent managed effectively, the result is that premiums go up, the experience mod goes up and profits plummet.
With widespread rate increases, companies in many states will write bigger checks for workers' comp, even if business hasnt grown substantially. Here's why.
Like a parent with a child, dealing with an injured employee requires compassion, but also firmness. Skilled claims managers know how to communicate expectations to the injured employee.
Like a parent with a child, dealing with an injured employee requires compassion, but also firmness. Skilled claims managers know how to communicate expectations to the injured employee.
The U.S. workforce is getting older; people are retiring later in life than ever before. And this trend has been a major concern for those in the health & safety field, as traditional wisdom holds that older workers are more prone to suffer more expensive on-the-job injuries.
Whether an employer adopts an integrated approach to RTW or a traditional one, it will face various challenges in minimizing claims costs and worker absences.
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