Workers' Comp is the way you finance employee injuries. For every dollar the insurance company spends. You are likely to pay back $2.00 to $3.00 It's our job to stop the borrowing at such high interest rates.
Because Workers' Comp is so complicated and confusing, you are left to assume that your premium audit reports are accurate and your Experience Modification Factors are correct. However, because of mistakes rampant in the Workers' Compensation system at least 50% of businesses are overcharged for their Workers' Comp insurance. Plus, once one of your employees suffers an injury that is not managed correctly, the financial and emotional impact could be destructive.
To help you wrest control back from the insurance companies, we have created a copyrighted 20-step process.
You’ll receive important information to help you avoid overcharges on your workers’ compensation.
Discuss your company’s growth positioning and risk improvement strategies.
You would not go to an IRS audit without expert advice, would you? Don’t allow the insurance company auditor to audit without the same expert guidance.
Our task is to help you improve your business and employee lifestyle.
Prevent injuries and manage injuries with a microscope. That’s how to crush your Workers’ Comp costs. If not, your experience modification factor may skyrocket out of control.
May 20, 2013 Dear Ray: I am writing to thank you for helping me better understand the inner workings of Workers Compensation insurance. While I have had quite a bit of safety management experience, I had never learned or really...
Dear Ray, Three years ago, we made the decision to switch our insurance to another agency because we heard that they were the best. We were wrong. Everything started great, but went downhill as more time passed. We went back...
This month, all employers required to keep Form 300, the Injury and Illness Log, should be reviewing the Log to verify that entries are complete, accurate and any deficiencies are corrected. The information will be used to target inspections; therefore,...
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Even the best-intentioned employers find the constantly changing federal OSHA guidance on COVID-19 unnerving. For example, consider the decision whether to report an employee’s hospitalization or death due to COVID-19, which was addressed with different guidance in April, May, July,...
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It is a time like no other for insurance renewals. The COVID-19 pandemic and the resulting economic fallout have upended the decades-long certainty within the workers’ compensation market that let employers reap the benefits of a soft market. Steep declines...
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