Eliminate unnecessary workers compensation costs for employers. Our management tools to limit the impact of claims costs on an employer’s workers compensation premiums.
We actively manage work claims with attention to ensuring the injured employee receives prompt medical care and at the same time manage the cost of the claim by bringing a high level of efficiency to the process.
Clients utilizing services see...
- Decrease in Claim Frequency Rate of 21%
- Decrease in Cost Per Claim of 51%
- 30% Reduction in Loss Ratio
We currently manage more than 100,000 employees’ injuries for employers with exposure in more than 40 states nationwide.
AREAS of SERVICE
Data Management
We analyze the historical data used to determine bottom line costs and fix anything that is fixable including old claims – either open or closed.
Risk Finance Consutling
If a client would benefit from an alternative risk financing method, we will help design a solution that works. We leave it up to experts in those areas to find solutions in the market.
Claim Management
The vast majority of the work we do, as well as the value we provide comes from our proprietary claims management system.
OUR METHOD INCLUDES
Elimination of Fraud
Fraud can include faking an injury or someone getting injured at home on the weekend, then reporting it on Monday at work. Or it can be as benign as a doctor simply offering a patient extra time off at work. Unfortunately, this also, is fraud. We’ve set up processes designed to eliminate the potential for fraud at the time of injury.
Elimination of Claims
Our system is designed to limit the impact of claims on employers’ costs. While most injuries do require a doctor’s care, we find that approximately 33% of all injuries in fact, do not require the attention of a doctor. Utilizing our triage process aids the injured employee in making that determination.
Reduction in Costs
In most states when an employer eliminates indemnity costs, premium costs will decrease up to 75% going forward. This is a major incentive in controlling indemnity cost. Clients on average, see indemnity claims near 6% of their total claims compared to the national average – over 24%.
Overall Management
Our primary motivation and commitment is to actively manage work claims with attention to insuring the injured employee receive prompt medical care and at the same time … manage the cost of the claim by bringing a high level of efficiency to the process.