As a small business owner, do you have overtime to handle a workers’ compensation claim? Most likely, you are constantly working on your business and have no free time for anything, much less to process and review the integrity of a claim.
Considering how much time it takes to go through the workers’ compensation claim process, you can save hundreds to thousands of dollars by hiring a professional. In addition, by hiring only the services you need with a company, you can also save on accident and long-term insurance.
Audit current practices to identify potential problems
When you hire a professional service to manage your workers’ compensation claims, your business will be audited to assess your current risk profile before any problems arise. If the team finds obvious areas where your company can improve its safety compliance, you’ll receive a comprehensive report on how to execute a new strategy that will address all of these discrepancies and help prevent any workers’ compensation claims.
Guaranteed compliance with government regulations
There’s no denying the complexity of trying to stay up-to-date on safety compliance law changes implemented by the Occupational Safety and Health Administration (OSHA). And that’s just at the federal level. You may need to consider how your state’s security compliance laws also affect your company’s operating procedures. Do you agree with the law?
A professional will be fully informed and able to assess the compliance of your business and make the necessary changes to avoid penalties and fines.
Construction of a Comprehensive Security Program
A big part of successful workers’ compensation administration is creating a safety training program for all employees. Your contracted team will develop a company security manual detailing employer responsibilities and how employees can maximize efficiency within the system. They can also organize trainings to ensure the full understanding of every employee and member of the company.
Starting a return-to-work program
Expert workers’ compensation management will not only involve coordination with healthcare professionals and affected individuals, but also requires a thorough understanding of the correct methods and schedules to get employees back to work as soon as possible. Professionals create a customized program for each case in order to minimize lost wages for the employee and foster an atmosphere of accepting communication and openness in the workplace.
Claims management and analysis
Of course, false claims must be identified and investigated quickly so that your business suffers the least financial damage. You may not be able to separate truth from falsehood, but a professional with years of experience knows exactly what to look for to identify false workers’ compensation claims.
Find a professional workers’ compensation claims management organization that addresses the needs of your small or medium-sized business and you’ll see a dramatic reduction in the time and money you spend on this task, allowing you to stay on top of what’s important: growing your business.