During the annual stewardship meeting a top-5 broker discusses lag time results indicating slow reporting led to high claim costs. After politely discussing the troubling trend, the broker reviews the concept of lag time and gives the client our workers compensation cost-cutting manual.

The company then implements two minor - but important - changes to their process. As part of the remediation plan, the risk manager provides books to all 15 divisions and sets up a conference call to go over the newly revised post injury process.

If you have a success story about how you used any of our tools, please send an email to becki@reduceyourworkerscomp.com.

1- Manage Your Workers Compensation Program: Reduce Your Costs 20-50% - includes gaining commitment, employee communications, integrating with your TPA, return to work, medical cost containment, settlements, safety, and much more...