Employers, you’re paying the bill …Control your Experience Mod or it will control you by Institute of WorkComp Professionals
One of the most confusing components of an employer’s Workers’ Compensation Policy is the Experience Modification Factor. They watch it increase and decrease from year to year – higher Experience Modification Factors generally increase costs and lower factors reduce them....
Continue ReadingThe Biggest Mistakes Companies Make With Their Workers’ Compensation Insurance
Most business owners and managers purchase Workers’ Compensation in the wrong way. About 90 to 120 days before their policies expire, they put it out to bid and get quotes. Once in, they review the prices and usually select the...
Continue ReadingSubContractors Pressured to Get Workers’ Comp Experience Mods Down
If the anecdotal evidence can be trusted, it’s becoming more and more common that contractors are being put on notice that they will lose the opportunity to bid on jobs if their Workers’ Compensation Experience Mods hit a certain point....
Continue ReadingSix Ways You May Be Failing Your Clients
Like most agents, you work hard at writing new accounts, what salespeople through the years have referred to as "getting the fish in the boat." But it doesn’t take a master angler to know that once you get the fish,...
Continue ReadingSeven Ways Supervisors Can Throw a Business Under The Bus and Not Even Know It
Supervisors play a key role in the management of injuries, return‐to‐work and reasonable accommodations under ADA. While supervisors may be well trained in the functional aspects of maintaining a safe workplace, reporting injuries, investigating injuries and return‐to‐work programs, many fall...
Continue ReadingWorker’s Compensation – The Role of the Family Practitioner in Injury Management
In a perfect world, every injured worker would be treated by a physician trained in Occupational Medicine, one who understands how to facilitate recovery and expedite return to work. However, it’s not unusual for employers and employees to be dealing...
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