The
WorkComp Process for reducing Workers’ Compensation costs
It’s
the process followed by Certified WorkComp Advisors that delivers
results: the validity of the Experience Modification Factor,
Audit Control, the hiring process, injury prevention and management,
clinic relationships and back on the job programs.
The Institute of WorkComp Professionals trains Advisors to know
the entire Workers’ Comp system. Not only are Advisors
adept at finding errors in the audit and Experience Mod that
provide immediate benefits to employers, but they also are competent
with practical processes that reduce costs for employers over
the long-term.
Here
is how Certified WorkComp Advisors provide major benefits for
employers:
Locate mistakes in Experience Modification
Factors and follow through to make sure they are corrected.
Verify audits to identify and correct
mistakes and errors in preparation for the insurance company
auditor.
Obtain refunds for "money left on
the table."
Demonstrate to employers how they and
not the insurance company ultimately pay for injury costs.
Demonstrate to employers how “Bidding
and Quoting” their Workers’ Compensation Program
is their least effective strategy to drive down their costs.
Helps employers establish a process for
reducing costs and eliminating future errors.
Help employers in the hiring process,
where Workers’ Compensation problems start.
Focus on obtaining the right
treatment, from the right doctor at the right
time to provide the most effective care to injured employees.
Train supervisors on the importance of
and how to manage Workers’ Compensation.
Help employers minimize the risk of losing
valued employees when they are injured and enter the Work
Comp System.
Create a process to get injured workers
back on the job quickly and fairly.
Assist in implementing processes that
reduce lost workdays by 60% to 80% due to injuries.
Assist employers in reducing litigation
arising from injured employees.