Reduce Your Workers Comp Costs 20-50%
Workers' compensation is not just a cost of doing business as many CEOs, CFO's and Business Owners think. It is an expense within your control. There are two reasons workers compensation costs are high. First, there are too many claims lasting too long. Second, the employer is not taking charge of the workers compensation process. Don't make the mistake many other employers have made. Take charge of your workers compensation costs today! Just … [Read More...]
Free Weekly Newsletter with Tips & Hints to Reduce Workers Comp Costs
Sign up for our weekly newsletter with workers compensation cost reduction hints and tips. Sign-Up for Our Newsletter View previous newsletters in our Newsletter Archive Free Weekly Newsletter Can Help You Reduce Your Workers' Comp Costs Articles drawn from our top rated and award winning blog Success stories based on field research Contains local, state, national, federal, international workers' comp … [Read More...]
How Much Is Workers Compensation Insurance? – WC Resource Center
When you open or run a business, you need to determine whether workers' compensation coverage is required. It probably is! How much is workers' compensation insurance? The cost of workers' compensation varies depending on the number of employees, how risky your business is, and whether any of your employees were injured in the past. It used to be called "workman's' compensation and although the name changed, many people still refer to … [Read More...]
Business Services to Improve Your Bottom Line
We are industry leaders in workers' compensation and injury management cost containment. Our team includes consultants, attorneys and medical doctors who can discuss the extent of an injury during training or help train your internal medical department. We can also help your risk management organization or insurance agency improve your bottom line through our marketing communications and advertising programs, which we customize for your niche-target … [Read More...]
Workers Compensation Directory: Service Providers to Help Achieve Your Goals
Specialists, Experts, and Professional Service Providers Attorneys Attorneys specializing in employer defense and helping employers reduce costs. Workers' Comp Attorneys Audits Make sure your premium calculations, class codes and payroll audits are correct. WC Insurance Premium Audits Brokerage Services Access to brokerage services, including Coverage Analysis, Insurance Placement, Loss Control, Claim … [Read More...]
Tools to Help Reduce Costs
Cost Containment Calculators
… Employer Tools
WC Cost-Reduction Guidebook
The guidebook is a hands-on practical manual written by a national expert on workers compensation cost containment with over 25 years of experience helping companies to reduce losses by 20% to 50%. … Learn MoreBuy Insurance
Buyer’s Guide: Workers Comp Insurance Policy and Coverage Information
When you open or run a business, you need to determine whether workers' compensation coverage is required. It probably is! How much does workers' compensation insurance cost a business? The cost of workers' compensation varies depending on the number of employees, how risky … [Read More...]3rd-Party Administration
Select 3rd-Party Administrator
18 Key Considerations for Selecting a Third Party Administrator or Insurance Company to Control Your Workers' Compensation Claims By WCK Staff - Updated December 2011 Selecting the best third-party … [Read More...]Structured Settlements
Structured Settlements in Workers’ Compensation
Self-insured employers often question how to resolve their high value and difficult to conclude claims. The financial expectations and medical needs of the injured employees create complicated issues preventing a claim settlement. Structured settlements can often be the bridge to … [Read More...]Injuries
Improve Immediate Injury Response
Have procedures in place from the moment an injury occurs until an employee returns to work on full duty or transitional duty. Having procedures in place sends the message that you - the employer - are in control. Report the claim to your claim administrator immediately so the … [Read More...]Medicare
Medicare Set-aside Arrangement Basics
Need Help Now? Try Our Directory of Workers' Comp Service Providers Medicare Compliance Employers are required to set aside the amount of future medical expenses. Compliance is complex and … [Read More...]Physical Therapy
Selection of Physical Therapy Providers
Doctors Usually Refer Employees to Physical Therapist An area often overlooked by employers and the workers compensation insurance adjusters is the proper selection of the physical therapist and office. Normally the … [Read More...]FECA
FECA FAQ – Federal Employees Work Comp
"Q & A" for Federal Employees Workers' Comp Do federal employees receive workers compensation? Yes, federal employees injured on the job are entitled to workers' compensation. There are several different federal workers' compensation programs related to different … [Read More...]Return-to-Work
Return-to-Work Programs & Transitional Duty Policies
Bring Employees Back to Work Sooner The fundamental reason WC Costs are too high is: Too Many Employees are Out of Work Too Long Return to work programs focus on bringing employees back to work as soon as they are … [Read More...]Claims
Claim Handling: Workers Compensation Best Practices
"Best practices" are often referenced in the handling of workers compensation claims without an explanation as to what they are or what the insurance industry standards are for handling workers compensation claims. While "best practices" vary slightly from insurance company to … [Read More...]Fraud
Eliminate Workers Comp Fraud
Do you use all techniques available to eliminate workers' comp claims? A small percentage of workers' comp claims are fraudulent, but quite a few claims (nearly 25% of all lost-time claims) are "exaggerated." This is calling malingering. In other words, the claim lasts longer than … [Read More...]Medical Costs
Medical Cost Containment Strategies
Look at the Total Loss Costs (TLC), Not Just the Line-by-Line Items. The best technique to control medical costs in workers' compensation is a Total Loss Cost (TLC) approach. To be truly effective in controlling the medical cost of workers' compensation, employers and insurers … [Read More...]Issues by Industry
Industries
Workers' Compensation Issues by Industry Agriculture Amusement Parks Banking Casinos Commercial Fishermen Construction Entertainment Federal Government Food & Beverage … [Read More...]
Recent Blog Posts From Our Team of Workers Comp Experts
- Common Workers Compensation Assumptions And Facts May 20, 2013There are many assumptions surrounding workers compensation. Here are a few common assumptions and associated correct facts. Assumption: There is nothing you can do to control workers’ compensation costs. Fact: There are tried and true methods to reduce costs. · Management must have a positive attitude, developing creative ideas to bring employees […]
- Arms Trapped In Food Processing Machine Brutal Reminder For Workplace Safety May 20, 2013Workplace safety can never be stressed too often, hence another recent injury to a worker in Australia. According to a report from WorkSafe Victoria, the employee suffered serious injuries to her arms after they became trapped in a food processing machine at a manufacturing plant in Shepparton in early April. The woman, who was thought to be approximatel […]
- Improper Workplace Safety Training Leads to Tragic Employee Death May 17, 2013Not properly protecting employees while on the job led to one British company receiving a fine, this after a worker died while on a jobsite. According to information from the Health and Safety Executive (HSE), the Merseyside company was sentenced for failing to properly train staff on how to use equipment that enables them to work at height. Employee T […]
- How Your Employees Can Help Reduce Your Workers Compensation Costs May 16, 2013How Your Employees Can Help Reduce Your Workers Compensation Costs As productive members of your workforce, employees must participate in your Workers’ Compensation Claims Management Program. An important factor that correlates strongly with the employer’s ability to control workers compensation costs is the ability to communicate effectively with employees. […]
- Should SSDI Approval Equal Work Comp Total Disability Approval in NY May 15, 2013A proposal is pending to make a Social Security approval of SSDI benefits proof of total disability under the NY work comp law. Presumably, it is believed that this will reduce needless duplication adjudications of disability in work comp claims. If so, the Board may be in for a series of rude surprises. The differences between SSDI entitlement and NY Work […]
