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...]

Risk Management Professional

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...]

Buyer's Guide: Workers Comp Insurance Policy and Coverage

How Much Is Workers Compensation Insurance?

    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 Investigators

Workers’ Compensation Investigators Directory

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3rd-Party Administration

Third Party Administrator Selection Process

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

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...]

Medicare

Medicare Set-Aside Basics

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...]

Pharmacy Benefits Management

Pharmacy Benefits Management

Pharamacy Benefits Management of Workers Compensation Drug Costs

Controlling workers compensation prescription drug cost is vital to controlling the cost of workers compensation. Utilization of a Pharmacy Benefit Management company (PBM) is a way to solve problems that drive up drug costs.; [Read More...]

Fraud

Eliminate Workers Comp 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...]

Injuries

Injury Response

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...]

Return-to-Work

Return-to-Work Programs & Transitional Duty Policies

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...]

Buy Insurance

Buyer's Guide: Workers Comp Insurance Policy and Coverage

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...]

Claims

Claim Handling: Workers Compensation Best Practices

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...]

Physical Therapy

Physical Therapy Provider Selection Process

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...]

Medical Costs

Medical Cost Containment Strategies

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

Workers Comp by Industry

Industries

Workers' Compensation Issues by Industry Agriculture Amusement Parks Banking Casinos Commercial Fishermen Construction Entertainment Federal Government Food & Beverage … [Read More...]

Subscribe to Our Free Weekly Work Comp Roundup Newsletter

RSS Recent Blog Posts From Our Team of Workers Comp Experts

  • The 8 Sections of Your Workers Compensation Insurance Policy September 19, 2018
    Every employer buying workers compensation coverage knows it is an insurance policy for the costs associated with injured employees, but few employers ever read the actual policy. The primary reason most people do not read the insurance policy is because it is written in “insurance speak” or legalese. The following is an effort to translate […]
  • Say It In 5 Minutes to Motivate Risk Management Change and Align Resources September 18, 2018
    In the risk space, whether you are operating as a Chief Risk Officer focused on all organizational risk or a Traditional Risk Manager focused on hazard risk, you are working in or designing a risk system that is required to move people and processes to action.   To move people and align resources to action, […]
  • 3 Workers’ Comp Payroll Deductions Most Often Missed by Employers. September 17, 2018
    If any of your workers are getting overtime, are those extra dollars included in your workers’ compensation premium calculations? If you answered ‘yes,’ you may be artificially inflating your payroll; i.e., paying higher premiums than is warranted.   Overtime, double time, and severance pay are typically allowed as deductions for workers’ compensation premium calculations. Yet […]
  • Overcome Financial Fears Which Prevent A Successful Workers’ Comp Settlement September 13, 2018
    Many injured workers who settle their workers’ compensation claims struggle with how to ensure they’ll have enough money throughout their lives. There are many issues to consider in addition to continuing medical care – paying monthly bills, funding a child’s education, and unexpected expenses that may arise. There may also be concerns about complying with […]
  • Educate Stakeholders on Effective Alternatives to Opioids September 12, 2018
    A combination of ibuprofen and acetaminophen does a better job of relieving acute pain than opioids. Despite clear evidence that the combination of the less dangerous medications provides equal or greater pain relief, many physicians still prescribe opioids for injured workers with pain.   This statement was just one point made in a recent session […]

Professional Development Resource

Learn How to Reduce Workers Comp Costs 20% to 50%"Workers Compensation Management Program: Reduce Costs 20% to 50%"
Lower your workers compensation expense by using the
guidebook from Advisen and the Workers Comp Resource Center.
Perfect for promotional distribution by brokers and agents!
Learn More