Workers’ compensation premiums cost employers millions annually. However, many of the costs associated with claims can be reduced significantly—some even eliminated. Complete this survey with “yes” or “no” answers and determine if your company workers’ compensation dollars are being maximized.
Safety Programming
• Our safety program includes specific opportunities for employees to provide input for a safer work environment.
• Our company has a detailed safety orientation for new employees.
• We recognize employees for safe work practices.
• Our company completes a thorough, systematic investigation of any injury or accident within 24 to 48 hours of the incident.
• We have a modified duty program.
Insurance Coverage
• My company is categorized correctly for my workers’ compensation coverage.
• I know what a “mod rate” is.
• I know what my company’s mod rate is.
• I have a specific contact at the insurance company regarding claims investigation and adjudication.
• My mod rate is 1.00 or less.
Medical Provider
• We have a designated medical provider for injuries.
• Our provider is willing to discuss issues surrounding an injury—not just the medical aspects of the injury.
• We receive timely reports regarding initial injuries and follow-up appointments.
• Our provider works hard to match an injured worker’s abilities to physical demands of our modified or light duty work.
• We have a positive working relationship with our provider.
Does your company spend too much on workers’ compensation? If you fit any of these categories, then chances are the answer is “yes.”
• Three or more “no” answers on entire survey.
• Two or more “no” answers within any section of the survey.
• One or more “no” answers on the last question in each section.
If you do have questions or concerns, there are many resources to help you get on the right track. What are the areas for your concerns? Do they lie in the Safety, Insurance, or Medical Provider area? Was it a combination of areas or all three? Regardless of which area(s) you need help, use the headings to make a contact. If your area of concern is insurance, call your broker. If it’s medical, call your medical provider. IBI