Your Ultimate Guide to Mastering Workers' Comp Costs (Reduce cost 20% to 50%)
Reduce workers compensation costs using
these guides that walk you through how to:
. Assess your workers compensation program
. Design the most cost-effective strategy
. Roll out comprehensive changes to your organization
. Monitor and manage the program going forward
New ADA Return to Work Interpretations covered in the 2015 Ultimate
Guide to Mastering Workers’ Comp Costs ADA now requires employers
to be more proactive when bringing an injured worker back to work.
Employers must know when and how to interact with injured workers
on this important point. Several areas of interest are:
· Can an employer require an employee to return to work?
· How long should a transitional duty position last?
· How long should the recovery time out of work last?
· Can a transitional duty program have a set time frame?
· To make return to work accommodations, must the employer meet
with the employee or will a letter sent to employee suffice?
· Are indefinite period of time out of work permissible?
· Can the injured employee refuse to accept a transitional work
What's in the Book?
· Workers' Compensation Insurance Basics
· Fundamentals of Cost Containment
· Training and Building Commitment
· Injury Management Best Practices Roles and Responsibilities
· Reporting the Claim
· Post-Injury Response Procedure
· Communication with Employees
· Working with Your Insurance Adjusters or TPA
· Safety and Loss Control
· Wellness Programs
· Return to Work and Transitional Duty
· Other Indemnity Cost Containment Methods
· Directing Medical Care
· Medical Cost Containment
· Fighting Fraud and Abuse
· Rehabilitating the Injured Employee
· Managing Prescription Drug Use and Abuse
· Claims Resolution and Settlements
· Federal Employees Compensation Act
· Appendix A: Glossary of Abbreviations
· Appendix B: Documents Referenced in Book
Who Should Read This Book?
The principles in our guidebook apply to any state, jurisdiction, or country. The program improves internal communications and operational best practices of employers. No matter where you are trying to train risk managers, this book will work for you! Of course, you will need to coordinate any new policies including those in our book with your in-house team of professionals.
· Risk Managers and Safety Directors use this book to train
supervisors in workers’ compensation claims management.
They learn more about their area of responsibility – post-loss
cost containment – adding to their overall knowledge.
This book is also used to get management commitment in
rolling out a Return-to-Work program, one of the biggest
cost savings areas relating to workers’ compensation costs.
· Brokers, Agents, Insurance Companies, Reinsurers, Adjusters, and
Consultants use this book for prospecting and to learn about specific
aspects of cost containment; and benefit by passing their knowledge
on to their clients. For example, when discussing how to develop a
Return-to-Work program and a client asks about “off-site return-to-
work programs,” the broker quickly finds that section in the book,
reviews it, and passes the answer on to the client, along with a copy
of the cost containment book. The book becomes a “lesson plan”
· Producers and Account Executives give the book to prospects during
formal presentations such as annual stewardship meetings to
illustrate how their company is on top of workers’ compensation
issues. The book also makes a good client gift.
· Vendors such as doctors, investigation firms, law firms, medical
management vendors and triage companies learn how their services
might fit into the workers’ compensation marketplace. They learn
what is important to employers, and what they look for in medical
provider relationships. Many also private-label the book and give
it to prospects to show them how the services fit together.
· Human Resources find it useful in bringing new hires including risk
managers, safety professionals and supervisors, up to speed very
quickly. Often the HR Director is responsible for some aspect of
workers’ compensation or disability leave, and needs to understand
more about workers’ compensation cost containment methodology.