Workplace Wellness Programs to Reduce Workers’ Compensation Costs By implementing workplace health initiatives, many companies are taking proactive measures to help with decreasing health issues affecting their employees. This is particularly important because of the following: The working population is aging, with the national average around 42 years old. There is a decreasing number of […]

Who to Communicate With During a Workers’ Compensation Claim Simply put, communicating with all relevant parties involved in workers’ compensation claims (e.g., employees, supervisors, medical providers and claims adjusters) not only provides a better experience for employees, but it also helps employers reduce costs associated with claims. Among other benefits, opening lines of communication to […]

Determining Whether Employees’ Injuries and Illnesses Are Work-related Navigating employee injuries and illnesses (and subsequent workers’ compensation claims) can be very complex and overwhelming to many employers. As such, it is important that employers understand how to determine whether their employees’ injuries and illnesses are work-related or not. After all, such a distinction plays a […]

The Importance of Prompt Claims Reporting The rising cost of claims presents a significant challenge for employers today. However, there is a simple strategy that can significantly reduce your claims costs: report all claims promptly. In fact, the sooner a claim is reported, the lower the cost is likely to be. Beyond cost, reporting claims […]

Artificial Intelligence and its Impact on Workers’ Compensation Recent years have seen artificial intelligence (AI) surge in popularity. Such technology encompasses machines, computer systems and other devices that can simulate human intelligence processes. In other words, this technology can perform a variety of cognitive functions typically associated with the human mind, such as observing, learning, […]

Claim Reserves Explained When a workers’ compensation claim takes place within an organization, it’s critical for the insurer to supply the funds necessary to cover the cost of the claim. That’s why claim reserves are essential. Put simply, a claim reserve refers to a specific amount of money that an insurer sets aside for paying […]

Determining Whether Employees’ Injuries and Illnesses Are Work-related Navigating employee injuries and illnesses (and subsequent workers’ compensation claims) can be very complex and overwhelming to many employers. As such, it is important that employers understand how to determine whether their employees’ injuries and illnesses are work-related or not. After all, such a distinction plays a […]

Conducting Workplace Incident Investigations When a workplace incident occurs, it’s crucial for your organization to respond appropriately by conducting a thorough incident investigation. Whether the incident caused property damage, led to occupational illnesses or injuries, or was simply a close call, such an investigation is a valuable practice for several reasons. First, a workplace incident […]

Trends Impacting Workers Compensation Insurance Workers’ compensation coverage is not only required in most states but also plays a major role in connecting injured employees to the care they need to return to work as quickly and safely as possible. That’s why it’s crucial for your organization to develop an effective workers’ compensation program. Accordingly, […]