Our expertise in Workplace Health & Safety, combined with our knowledge of Workers’ Compensation Insurance, synergize to offer a unique resource for dealing with a variety of issues which encompass workers’ compensation coverage / premiums. Our ability to integrate the various elements of Workers’ Compensation allows us to take a comprehensive approach to your Workers’ Compensation management issues.

Workers’ Compensation insurance premiums can have over a 50% variance amongst insurer’s proposals. Combined risk management safety and claims management controls can have a similar impact. Our goal is to provide Workers’ Compensation claims oversight in order to reduce costs and move claims to closure in a consistent manner, as well as to provide technical expertise and personal service.

• Control your Workers’ Compensation costs in a competitive market
• Create a partnership based on trust and knowledge
• Count on strict monitoring of your claims

Deliberate, focused and comprehensive reviews of all compliance, operational and strategic risk are a must. Understanding claims transformation is a serious issue when dealing with many different lines of insurance, such as self- insured Worker’s Compensation or Self-Insured Retention (SIR) for legacy claims going back 10-20 years.

Risk Control Program

• Loss Control – determine and manage cost impact areas
• Claims Management – timely close claims and minimize losses
• Monitor – effectiveness of the program

Return to Work Program (Light Duty Policy)

The importance of functioning Return to Work Program is paramount in managing the overall Experience Modification Rate (EMR) calculation. This rate is what dictates the overall price of your Workers’ Compensation Insurance premiums, and keeping these rates low begins with an operative Light Duty Policy. Safety Resources will facilitate independent functional job descriptions to ascertain proper temporary assignment duties. Managing temporary assignments will help ensure these insurance rates stay as low as possible and maintain a level of care, which in turn increases moral among employees that is often dismissed following a workplace incident.

How do you fight losses?

Combating claims leakage is a huge way to mitigate losses. Traditionally, claims leakage means paying loss or Allocated Loss Adjustment (ALAE) Expenses that either didn’t have to be paid or were paid over the necessary amount. I say there is “soft” and “hard” leakage. An example of soft leakage is a situation where compensability was accepted without a thorough investigation or contact with all parties to a claim. Examples of hard leakage can be very different. One is the continuation of Temporary Total Disability (TTD) after a claimant returns to work. Another can occur when a TPA must accept compensability because they missed a statutory deadline or paperwork filing.

Bottom Line

Cost control strategies, plan design and program development are the areas of concentration that have allowed us to positively impact the bottom line for thousands of our partners who strive to significantly reduce their insurance costs. Our solutions are innovative, aggressive and designed to provide maximum program impact.