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 …
Workers’ Compensation Resource Links
WC Resources All 50 States’ & D.C.’s Home Pages and WC Agencies Bureau of Labor Statistics Canada’s National Centre for Occupational Health & Safety (CCOHS) Data and Statistics About U.S. Environmental Protection Agency HRTools.com Job Accommodation Network National Institute for Occupational Safety National Labor Relations Board Occupational Safety & Health Administration (OSHA) State WC laws …
“Sales to Pay for Accidents” Calculator
Workers Comp has many hidden costs, but just because you can’t see them doesn’t mean they don’t hurt you and hurt your business. If you do a little arithmetic, based on your company’s Workers Compensation activities for the past year, you can see the full impact. (Incurred Costs = all costs which have been paid …
Free Transitional Duty Cost Calculator
Will bringing an employee back to work sooner save your company money? Absolutely! Our RTW Cost Savings Calculator shows how much your company can save by bringing employees back to work sooner. Track your transitional duty savings each and every month. Use this quick and easy-to-use tool to show management how much your transitional duty …
Three Ways to Cut Workers Comp Costs
By Rebecca A. Shafer – August 2011 Limiting workers compensation claims costs requires finding and filling gaps within the process. To do so, you must work closely with your claims administrator. Here are three ways to cut costs. #1. Arrange a Chairside Visit A chairside visit, in which the employer representative sits down with an …
Maximize Insurance Claim Results
The 7 BIGGEST Mistakes Employers Make When Working with their TPA* Not visiting the TPA’s claim offices and sitting “chair-side” with an adjuster. Not meeting the team! Not meeting with all vendors and services offered by the TPA at the beginning of the relationship and periodically thereafter. Not having on site file reviews regularly and …
Transitional Duty Cost Calculator
Estimated Number of days saved Estimated Average Cost per Day x Total estimated savings of briging that employee back to work on transitional duty = _____ Cost of Replacement Labor + Grand Total Cost of Employees out of work = _____ Profit Margin(%) / 6.5 not 0.065 Calculate Clear Results Grand Total : $0.0 $ …
