Workers Compensation
Who to Communicate With During a Workers’ Compensation Claim
Date: May 20, 2021Category: Author:
Simply put, communicating with all relevant parties involved in workers’ compensation claims (e.g., employees, supervisors, medical providers, and claims adjusters) not only provides a better experience for employees but also helps employers reduce costs associated with claims. Among other benefits, opening lines of communication to the different parties associated with claims can help employers: Close […]
Cumulative Trauma Injuries
Date: May 17, 2021Category: Author:
Cumulative injuries are some of the most expensive and complex workers’ compensation claims an organization will deal with. These injuries typically arise over time rather than from a single occurrence—making them more difficult and expensive to treat. What’s more, these injuries can often be long and painful experiences for employees. As such, it’s important for […]
Direct and Indirect Workers’ Compensation Costs Explained
Date: April 19, 2021Category: Author:
Workers’ compensation claims have a variety of different costs associated with them. Some of these costs are expected costs, while others are unexpected. Here’s the difference between these terms: Expected costs are those that are covered by workers’ compensation insurance. Such expenses are commonly referred to as direct costs. Unexpected costs are those that workers’ […]
Workers Compensation Premium Audits
Date: March 16, 2021Category: Author:
While workers’ compensation requirements can differ between states, many policies include a routine premium audit process. Different from most other lines of commercial insurance (e.g., property coverage)—in which potential exposures can be identified upfront and premium expenses are final—workers’ compensation premiums paid at the beginning of policy periods are provisional amounts. In other words, these […]
Reporting Workers’ Compensation Claims
Date: February 16, 2021Category: Author:
Reporting Workers’ Compensation Claims Workers’ compensation laws are often misunderstood because they can vary significantly between states. If your employee reports an injury and you are unsure of what steps to take, you are not alone. However, regardless of your company’s geographical location, the first two days after an employee gets injured on the job […]