Just what the doctor ordered: how you can control Workers’ Comp prescription drug costs While the overall share of prescription drugs, as a percentage of medical costs in Workers’ Comp, has held steady at around…
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Six common roadblocks to optimizing incident investigation While many employers have an incident investigation process that identifies root causes and corrective actions, some inadvertently include roadblocks to optimizing the value of the investigation… Read More….
Industry trends help guide the management of Workers’ Compensation While many of the macro influences on Workers’ Compensation are beyond the control of the individual employer, it’s important to understand them to help gain a…
Employer decisions about health reform may push up Workers’ Compensation costs Just when employers begin to feel they are getting a handle on health care reform, an analysis by the NCCI concludes that decisions by…
With 35 the new definition of older worker, it’s time to focus on reducing injuries for everyone Recent research should sharpen employers’ focus on what can drive down injury rates and costs, including hiring the…
Workers’ Comp “tail” continues to grow The percentage of total claims for “late-term” costs – those that will be incurred 20 to 30 years in the future – has been growing and could continue to…
Twelve dos and don’ts of preparing for a premium audit Clerical errors, incorrect classifications, and miscalculations in the premium audit often lead to overcharges. Employers can protect themselves by being properly prepared… Read More. Co-morbidities:…
A strategic approach to Workers’ Compensation It’s easy to develop a myopic view of Workers’ Compensation, but a strategic approach helps identify ways your Workers’ Comp program can be strengthened and contribute to the bottom…
Ten Costly Return-to-Work Mistakes revisited Return-to-Work programs have helped reduced Workers’ Compensation, disability and medical insurance costs as well as protect employers from lawsuits regarding regulatory non-compliance, particularly related to the ADAAA. The economic and…
Managing renewals in a changing Workers’ Compensation market All indications are that Workers’ Comp rates will continue to increase for four to five years. Those employers that understand the market forces driving the changes, how…
How a holistic approach to health risks plugs leaks in your bottom line The same health risks generating high health care costs also impact absenteeism, presenteeism, Workers’ Comp and long-term disability. By identifying risks and…
Five fallacies that trip up Return-to-Work (RTW) programs Even employers who have well established RTW plans can take too much for granted and find claims unexpectedly deteriorating into costly lost-time cases. Learn how to keep…
Top ten ways employers mess up Workers’ Comp claims While it’s well known that costs mount the longer a Workers’ Compensation claim stays open, employers often unwittingly make mistakes in managing the claim. Here are…
As rates firm, an audit review is essential Many employers do not realize that classification and experience modification calculation errors are rampant in Workers’ Comp. As rates rise, more employers are pressing for reviews of…
NCCI update: What you need to know about the NCCI Experience Mod change and more An update on the broad-reaching NCCI Experience Mod change and other critical Workers’ Compensation issues, were highlighted at the Annual…
The Workers’ Comp perfect storm A confluence of negative factors means employers will face higher rates unless they take action… Read More. Summer tempters: summer interns, events and employer-sponsored sports teams – good business or…
Employers’ Workers’ Comp top concerns in 2012 and their surprising ignorance While a recent survey reveals that employers’ top Workers’ Comp concern was cost containment, it was surprising how little they knew about a key…
New approaches to employee retention As the economy recovers, employers are seeing the effects of downsizing, pay freezes and benefit trimming on employee morale and the need to strengthen employee engagement takes on new importance……
2011 Workers’ Comp decisions offer insights for employers in 2012 A review of some of the top 2011 legal and government actions relating to Workers’ Comp provides keen insight into issues that may dominate 2012……
Six benchmarks for evaluating Return-to-Work programs Sustaining return to work efforts means that they must make economic sense. Here are six benchmarks… Read More. The time is NOW for employers to understand rule changes on…
The prescription for keeping WorkComp costs down is finding the right physician The initial medical care an injured employee receives can make or break the outcome… Read more. Workers’ Comp ‘grim market means rate hikes…
Seven ways to prevent medical-only claims from morphing into lost-time claims When medical-only claims needlessly morph into lost-time claims, a Pandora’s box opens. They can cost an average of 40 times more than those that…
Employers reluctant to close claims with Medicare set-asides Medicare set-aside funding requirements for closing cases with prescription drug expenses are causing employers to rethink the conventional wisdom of closing cases early… Read More. Seven ways…
Older workers and return to work Understanding the nature and cause of injuries among older workers, can reduce costs and lost work days… * Sidebar: Five keys to making return to work successful… Read More….
24/7 work culture stretches Workers’ Compensation exposure While little case law exists to guide employers’ on their responsibilities for employee injuries sustained when conducting business via a mobile device, the proliferation of devices increases the…
Don’t be late for a very important date: Five steps that can lead to reduced Workers’ Comp premiums The most important date for Workers’ Comp is not the renewal date. What you need to know about…
Do’s & Don’ts to help avoid hiring a Workers’ Comp claim It’s often said a Workers’ Comp claim begins at the date of hire. There are steps employers can take to reduce the possibility of…
Using the Experience Mod to pave way for more business While often overlooked, an employer’s Experience Modification Factor (MOD) is a powerful business benchmark that is carefully scrutinized by those who are evaluating possible business…
Medical treatment is key to Return-to-Work Medical treatment easily trumps severity, job, age and co-morbidities as a determinate of return-to-work… SIDEBAR: Drugs dispensed by doctors rise sharply in Workers’ Comp… Read More. Posting OSHA 300A…
Workers’ Compensation 2010: Eleven issues that will impact the year ahead A review of Workers’ Compensation issues in 2010 points to challenging times for the years ahead… Read More. 14 Point Workers’ Comp Program annual…
