Get a National Workers’ Compensation Management Score™ Before You Start
Just as a consumer’s credit score gives a bank a numeric starting point indicating where they can begin with a client, a systematic approach to your company’s current workers’ compensation management will help delve into your most needy areas. The National Workers’ Compensation Management Score™ applies to federal employers under FECA as well as those using the state system. Even Canadian employers will find value in getting their best practices assessed as they pay premiums to the government for their workers’ compensation losses.
Is it possible your company has safety measures in place, but no documentation? Alternatively, perhaps your company is excellent at getting injured workers back to work, but not without hurting some feelings.
The assessment test gathers the necessary information from your company and lets you know strengths and weaknesses. Knowing this information helps you begin the implementation process to get a workers’ compensation up and running, reducing your workers’ comp costs.
Once you have collected and documented your company’s current practices, you are in a good position to take the Workers’ Comp Kit assessment and obtain your company’s National Workers’ Compensation Management Score™ (NWCMS). The higher the score, the better your company’s practices are.
Assessing Your Program
1. As a team meet to discuss and answer the assessment questions.
2. Take the assessment to obtain a score and customized recommendations for improvement. To ensure validity of the score it is important to discuss the questions as a team. Members will have their own experiences and views regarding personnel, policies, and procedures. (workersxzcompxzkit)
Obtaining the workers’ compensation score is only part of the complete process, but it is the basis upon which to build recommendations for improvement, and implementation. The National Workers’ Compensation Management Score™ is designed to be taken by multiple divisions in one company.
Author Robert Elliott, executive vice president, Amaxx Risks Solutions, Inc. has worked successfully for 20 years with many industries to reduce Workers’ Compensation costs, including airlines, health care, manufacturing, printing/publishing, pharmaceuticals, retail, hospitality and manufacturing. He can be contacted at: Robert_Elliott@ReduceYourWorkersComp.com or 860-553-6604.
TO DOWNLOAD OR LISTEN TO FREE FRAUD PREVENTION AUDIO PODCAST click here: http://www.workerscompkit.com/gallagher/mp3
By: Anthony Van Gorp, private investigator with 25 years experience.
Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker about workers’ comp issues.
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