Your Ultimate Guide to Mastering Workers' Comp Costs: Proven 5 Step System to Reduce Workers' Compensation Costs by 20-50%

Michael Stack; Rebecca Shafer

ISBN 10: 194765733X / ISBN 13: 9781947657335

Published by Amaxx LLC, 2024

About this Item

Seller Inventory # 26405866971

Bibliographic Details

• Title: Your Ultimate Guide to Mastering Workers' Comp Costs: Proven 5 Step System to Reduce Workers' Compensation Costs by 20-50%
• Publisher: Amaxx LLC
• Publication Date: 2024
• ISBN 10: 194765733X
• ISBN 13: 9781947657335
• Binding: Soft cover
• Condition: New

About this title

Synopsis

We are the nation’s leading experts in workers’ compensation cost reduction. Companies large and small have realized the benefits of our workers’ comp guidebook. Your Ultimate Guide to Mastering Workers’ Comp Costs – Reduce Workers’ Comp Costs 20% to 50% is a 268-page guide that helps risk managers, agents, and assess their company/clients’ workers’ compensation programs design program materials roll out a program to the organization monitor and manage the program once implemented. WHAT TO EXPECT FROM OUR COMPREHENSIVE WORKERS’ COMP This book is a training manual to be used as a “field guide” and working teaching tool for every level of workers’ compensation management – from beginner to seasoned professional. The system detailed and described in this book has been implemented at hundreds of organizations over the past 30 years, consistently and repeatedly achieving a 20%, and often greater than 50% reduction in workers’ compensation costs. Field-Tested, hard-hitting material guides users through each aspect of a workers’ compensation program to learn step-by-step proven techniques to increase injury management efficiency and reduce workers' compensation costs. PROVEN 5-STEP WORKER’S COMP INJURY MANAGEMENT SYSTEM Build Your Program Foundation Injury Prevention Post-Injury Systems Claims Management Best Practices Control Medical & Pharmacy Costs HOW FAST WILL I SEE WORKERS’ COMPENSATION COST SAVINGS? Savings will be recognized at different times depending on how closely you follow the techniques in the book and your type of insurance plan. Self-insured companies, or those with a high-deductible, will see immediate savings as they are retaining all or a portion of each loss, and those amounts will go down rapidly. A company with a guaranteed cost plan will see savings over time as these premiums are calculated on a three-year rolling average; thus, “bad years” roll out of the premium calculation.