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ACHIEVING SUCCESS TIPS

Risk Manager Best Practices

Continuing our Best Practices series, the risk manager is responsible for a broad array of risk-related duties, including overseeing the injury coordinator as the workers compensation management program is implemented.

 

F Your key responsibility is oversight of the Workers Compensation Injury Management Program. Cost reduction requires close monitoring.

 

1. Determine what type of claims administration arrangement your company has.
2. Ensure the adjuster-to-claim ratio is appropriate for adjusters responding to your claims to get your workers back to productive employment faster.
3. Consider whether claims volume requires dedicated staff to provide oversight and input about how you want your claims handled and to implement your injury management program.
4. Familiarize yourself with claims administration best practices to better comprehend the role of the adjuster.
F The claim handling process should go smoothly. If it does not, be sure you have realistic expectations about how your claims are handled. Don't assume YOU are the one who is wrong!
5. Make sure claims handling personnel are trained in injury management concepts so they grasp issues about your claims.

F An on-site visit is an opportunity to develop a positive relationship with adjusters and clarify expectations, procedural issues, special handling instructions, etc. 

WC COST REDUCTION NEWS

When a self-insured employer pays workers comp benefits for an injury due to the negligence of a third party, the employer has the right to recover the cost of the workers comp claim from the party at fault. Subrogation pays! 

The NY workers comp law permits the workers to select a treating doctor. But that does not mean that one will be easy for your employees to find.

There are situations where the employer may wish to employ a defense counsel separate from the defense counsel employed by the insurer or TPA. Read. 

We rounded up the news around the WC community so you don't have to. LexisNexis Communities Examines Cases in WC World, Return To Work Roundtable Opens on LinkedIn, and More.

New guidance launched recently in Great Britain calls on doctors to explore the potential job-related causes of asthma when diagnosing patients.

Advisen and Amaxx have teamed up to produce this comprehensive but easy to understand desk reference. Avoid common program pitfalls with this lesson plan to cost containment which is the difference between success and failure. New material in 11 chapters! This 183-page step-by-step manual is available with your company logo.
NEWS FROM LowerWC.com
New summaries for "drug testing and workers compensation state laws" for every jurisdiction are NOW posted on our website. Click on the link above to check it out.
EDUCATIONAL OPPORTUNITY

Don't gamble when it comes to Medicare/Medicaid Compliance!  

Gould & Lamb, LLC gather together some of the industry's most respected leaders and experts to provide attendees with 2 full days of compliance education and training, as well as an exciting look into the future of Medicare/Medicaid Compliance.

In this widely acclaimed SEAK program, the nation's leading workers' compensation professionals, occupational physicians, occupational nurses, and attorneys will join together to discuss cutting edge issues. Frank discussions and lively question and answer sessions will complement each presentation.This conference is currently the largest and longest-running national workers' compensation and occupational medicine conference of its kind in the United States.

REDUCE WC COST 20% to 50%
Workers Compensation Management Program
Learn more about our book on
COST SAVINGS
for employers.
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Article Library

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Set Asides (MSA)



AMAXX RISK SOLUTIONS, INC.
Lowering Workers Comp Costs for Employers

Rebecca Shafer, Attorney & Risk Consultant

Contact Us: Becki@ReduceYourWorkersComp.com

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