Archive for: Cost Control

Control The Five Major: Key Insights for Workers’ Comp Success Understanding control the five major is essential for anyone navigating workers’ compensation. Whether you are an employer managing premium costs or an insurance agent serving clients, mastering control the five major gives you a decisive advantage—helping you avoid costly mistakes and deliver better outcomes in […]

As Certified WorkComp Advisors (CWCA), we are trained, certified, and mentored by the Institute of WorkComp Professionals (IWCP) to guide employers to the lowest possible workers’ comp costs. Kevin Ring, Chief Operations Officer and Lead Workers Comp Analyst of IWCP recently reported on a consequential pattern that is emerging from Workers’ Compensation audits across the […]

Controlling Workers Compensation Costs: Key Insights for Workers’ Comp Success Understanding controlling workers compensation costs is essential for anyone navigating workers’ compensation. Whether you are an employer managing premium costs or an insurance agent serving clients, mastering controlling workers compensation costs gives you a decisive advantage—helping you avoid costly mistakes and deliver better outcomes in […]

Throughout much of the country, declining Workers’ Compensation rates are music to employers’ ears. After all, that seems like long-awaited good news, particularly since Workers’ Compensation is more often than not viewed as a necessity and a significant cost of doing business. Eight Major Mistakes Employers: What You Need to Know Understanding eight major mistakes […]

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 policies with the lowest premiums. Biggest Mistakes Companies Make: What You Need to Know Understanding […]

Prequalifying Your Business Can: Key Insights for Workers’ Comp Success Understanding prequalifying your business can is essential for anyone navigating workers’ compensation. Whether you are an employer managing premium costs or an insurance agent serving clients, mastering prequalifying your business can gives you a decisive advantage—helping you avoid costly mistakes and deliver better outcomes in […]

Healthier employees lead to lower premiums, according to numerous studies. If companies can help their workers improve their health without cutting benefits or shifting more premium costs to employees, where is the downside? After all, Fortune 1000 companies have been using wellness programs for years to combat the rising costs of healthcare. Lower Insurance Premiums […]

A recent report by the American Association of Family Practitioners notes that occupational diseases account for 860,000 illnesses and more than 60,000 deaths each year. And this runs the gamut of causes, everything from coal miners contracting black lung disease to assembly line workers in meat packing plants developing carpal tunnel syndrome. Keep Occupational Diseases […]

Avoid Missing Out On: Key Insights for Workers’ Comp Success Understanding avoid missing out on is essential for anyone navigating workers’ compensation. Whether you are an employer managing premium costs or an insurance agent serving clients, mastering avoid missing out on gives you a decisive advantage—helping you avoid costly mistakes and deliver better outcomes in […]

Rising medical expenses are the culprits driving up Workers’ Compensation costs. While it’s true that Workers’ Comp rates are mostly flat or going down, any savings is being more than eaten up by higher medical bills. Control Runaway Workers Compensation: Key Insights for Workers’ Comp Success Understanding control runaway workers compensation is essential for anyone […]