Phase Four – Step 14 The steps in the Monitoring & Management Phase involve posting implementation support and monitoring of processes, injury claims, and lost time data. STEP 14: MONITORING THE PROGRAM After implementation, the company should be able to demonstrate results through: Declining injury rates A shift in the Return to Work Ratio showing …
Archives for 2012
Reduce Wasteful Workers’ Comp Practices
Strive for Overall Cost Reduction With skyrocketing medical costs, employers must coordinate medical care more effectively. The best way to reduce medical costs is to return employees to their pre-injury health as quickly as possible, and that may mean spending more upfront to provide the best treatment possible. Although you must be familiar with all …
Select 3rd-Party Administrator
18 Key Considerations for Selecting a Third Party Administrator or Insurance Company to Control Your Workers’ Compensation Claims Selecting the best third-party administrator (TPA) is critical to controlling your workers’ compensation claims costs. Here are 18 things to consider when selecting a TPA. Key questions to ask prospective TPAs or include in your Request for …
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 orthopedic doctor tells the employee physical therapy is needed to avoid surgery or to recover from surgery. The employee says “Okay, who shall I …
Medicare Set-aside Arrangement Basics
We have received many questions about the Medicare Set-aside Arrangements (MSA) that are required by the Centers for Medicare and Medicaid Services (CMS). Here are the frequently asked questions on the basics of MSA, which we hope will provide you with more insight into the requirements of CMS. What is a MSA? A Medicare Set-Aside …
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 claims administrator can begin coordinating medical care …
Workers’ Compensation State Laws and Regulations for Employers
Welcome to the Workers’ Comp Resource Center Legal Library. Click on a link below for a quick review of that state’s rules and statutes, and for downloadable state workers’ compensation forms. The source of the information available through the links below is the state regulations and/or case law in each state. The information found through …
The 7 Biggest Workers’ Comp Mistakes Companies Make!
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 …
Books & Manuals
“Workers Compensation Management Program: Reduce Costs 20% to 50%” If you’ve never heard of an “offsite return to work program” or “pharmacy benefit management program,” this is the perfect tool for you to help your clients. Workers Compensation Management Program – Reduce Costs 20% to 50% is a 181-page guide that helps risk managers, agents and …
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 insurance company, here is a synopsis of the basic standards of how the insurance …
