Communication is an essential element in realizing business profitability, and managing workers’ comp costs is no exception. When communication suffers and an employee’s injuries are not properly managed, the experience mod goes up, premiums increase, and profits plummet. The sad part is the mistakes are unnecessary and can be easily avoided with knowledge, planning, and […]
Eight Costly Communication Mistakes Employers Make
Lawyers Say Workers’ Comp Retaliation Claims Are Increasing
Lawyers Say Workers Comp: Key Insights for Workers’ Comp Success Understanding lawyers say workers comp is essential for anyone navigating workers’ compensation. Whether you are an employer managing premium costs or an insurance agent serving clients, mastering lawyers say workers comp gives you a decisive advantage—helping you avoid costly mistakes and deliver better outcomes in […]
How To Avoid A Spike In Slip And Fall Claims During Harsh Winters
Slip And Fall Claims: Key Insights for Workers’ Comp Success Understanding slip and fall claims is essential for anyone navigating workers’ compensation. Whether you are an employer managing premium costs or an insurance agent serving clients, mastering slip and fall claims gives you a decisive advantage—helping you avoid costly mistakes and deliver better outcomes in […]
Why There Are Too Many Slips, Trips, And Falls
Employers have spent a lot of time and money on the traditional solutions to slips, trips, and falls, which occur in almost every type of workplace, yet they still account for: Too Many Slips Trips: Key Insights for Workers’ Comp Success Understanding too many slips trips is essential for anyone navigating workers’ compensation. Whether you […]
Painkillers: Costly For Employers And Deadly For Employees
Painkillers Costly For Employers: Key Insights for Workers’ Comp Success Understanding painkillers costly for employers is essential for anyone navigating workers’ compensation. Whether you are an employer managing premium costs or an insurance agent serving clients, mastering painkillers costly for employers gives you a decisive advantage—helping you avoid costly mistakes and deliver better outcomes in […]
How To Ensure You Are Not Overcharged In The Premium Audit
Many businesses accept on “good faith” that the Workers’ Comp audit is done correctly. Yet, the audit process is complex and prone to many errors and omissions. Overcharged In The Premium: Key Insights for Workers’ Comp Success Understanding overcharged in the premium is essential for anyone navigating workers’ compensation. Whether you are an employer managing […]
The ‘Perceived Boss’ May Be The Silver Bullet In Controlling Workers’ Compensation Costs
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 […]
Reduce Workers’ Compensation Costs with CompScore Metrics
How do companies keep score in workers’ compensation? Typically insurance carriers provide basic or “top of the line measurements,” such as annual totals of claim expenditures, average claims costs for medical only claims and average claims costs for lost time claims to employers. They may even break down some injury costs by department. Reduce Workers […]
What Employers Need to Know About The Recovery of Injured Workers
Workers’ Compensation rates have been trending downward, as have the number of job-related injuries. Even injuries totaling $50,000 or more dropped for the first time in 2005. Employers Need To Know: Key Insights for Workers’ Comp Success Understanding employers need to know is essential for anyone navigating workers’ compensation. Whether you are an employer managing […]
The Eight Major Mistakes Employers Make When Workers’ Compensation Rates Go Down
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 […]