If senior management is interested in reducing workers comp costs, they need to look at what data …
Senior Management focuses attention on Work Comp Cost Reduction by asking 2 key questionsRead More
Set Easy-to-Understand Goals: Reduce Number of Claims and Number of Days of Each Claim
Your cost containment goals should include an overall reduction in lost work days. The lost work …
Set Easy-to-Understand Goals: Reduce Number of Claims and Number of Days of Each ClaimRead More
4 Reasons to Use Data in Workers Comp Cost Reduction Efforts
Used effectively, data may be helpful in increasing visibility and gaining commitment particularly …
4 Reasons to Use Data in Workers Comp Cost Reduction EffortsRead More
6 Benchmarks Help Get Management on Board
The data you provide to senior management may differ from the data that is useful to the operations …
Broker Selection Critera – Key Points to Consider
One of the most important decisions a company makes is selecting their insurance broker. Smaller …
10 Things Guaranteed to Drive Your Workers Comp Costs Up!
When employees can make more when NOT working than when working, there's very little incentive …
10 Things Guaranteed to Drive Your Workers Comp Costs Up!Read More
Smaller companies should have Experience Modification Worksheets reviewed
Companies with guaranteed cost programs should review their experience modification worksheets to …
Smaller companies should have Experience Modification Worksheets reviewedRead More
Hospital finds 14 ways to reduce Workers Comp Costs
We are proud to share our client's success, so we'll share what one hospital said about getting …
Hospital finds 14 ways to reduce Workers Comp CostsRead More
Transitional Work Programs Come in many flavors
Employers can choose from a variety of transitional work programs. The first are alternate or …
Review files to determine reserve adequacy
A service you might find useful, and should have a look at is Jim Moore's. Occasionally, I …
Poll shows 43% of companies do not have Return to Work Programs
Workers' Comp Kit's informal online poll shows that 57% of companies have RTW (return to work) …
Poll shows 43% of companies do not have Return to Work ProgramsRead More
Was a claim settled by the insurance company without your approval?
Maybe you thought the claim was not legitimate, or the worker was exaggerating the disability, and …
Was a claim settled by the insurance company without your approval?Read More
SCHIP Timeline Revised. MSA Compliance dates changed.
As outlined in the Medicare Supporting Document (8/1/08) for the new SCHIP Section 111 reporting …
SCHIP Timeline Revised. MSA Compliance dates changed.Read More
Best allocation system charges losses and gives credit for meeting goals
Having a loss allocation system(also called chargeback systems) is one of the most important key …
Best allocation system charges losses and gives credit for meeting goalsRead More
Eight things you MUST do when beginning WC Cost Containment Process
When you begin your workers' compensation cost containment process there are a few things you …
Eight things you MUST do when beginning WC Cost Containment ProcessRead More
New Compliance Requirements for Medicare Set-Asides
For MSAs, in addition to the compliance requirements that come with the MSP, there are new …
New Compliance Requirements for Medicare Set-AsidesRead More
Business etiquette and manners crucial for risk professionals
I am often asked by younger risk professionals what are the most valuable ways to build a career. …
Business etiquette and manners crucial for risk professionalsRead More
Workers Comp Dashboard helps employers monitor performance
I recently mentioned in an on-line forum that Workers Comp Kit has a dashboard, and we were then …
Workers Comp Dashboard helps employers monitor performanceRead More
Workers Comp 101 — The Basics of Workers Compensation
Chances are, if you are on this blog, you are looking for solutions to the high cost of workers …
Workers Comp 101 — The Basics of Workers CompensationRead More
Why do some companies use Structured Settlements when settling large claims?
Structured settlements are a tool to resolve large workers’ compensation claims. When settling a …
Why do some companies use Structured Settlements when settling large claims?Read More
