About This Course:
Whether your next workers' comp claim is your 1st or your 101st, there are several things that can go wrong, causing both higher claims costs and unwanted headaches and wasted time, all from just not knowing - or applying - simple cost-saving best practices.
Often, what typically starts out as a small claim blossoms into significant exposure due to failure - or lack of knowledge - of the right steps and best practices for navigating a claim towards proper closure.
By attending this training session, you and your team will learn proper claims handling procedures that will save you time, money, and aggravation.
What You'll Learn:- The necessary information to pass along to your claims handling entity at the onset of a claim
- What information to share with and what to expect from management and supervisors to assist in the prompt closure of claims
- What communication, if any, to have with the injured worker
- What you can - and can't - say to an injured worker's physician
- What to expect - and how to manage - your claims handling entity and your panel physicians
- The best way to adopt an integrated "team" approach to claims handling
Top FAQs
Workers Comp is an insurance that provides certain wage and other benefits to people who are injured or become ill at work. Coverage and benefits are mandated by each individual state and can vary according to the state in question.
oss costs, loss cost multipliers, rates, experience modification factors, schedule credits, premium discounts, expense constant. Unravel the mystery and learn why some employers pay much more than others for the same coverage.
What you need to track, when you need to track it, and why
Prompt reporting, quick action, managing care, and a return-to-work planning.
Develop, maintain, and manage the organization's workers' comp program, including communicating with employees, managers, insurance carriers, medical providers, attorneys, and upper management, handling claims, the reporting requirements, medical-related issues, and fraud investigations.
Insurance Agents also should understand his or her applicable state's workers' comp rules and requirements, responsibilities of the organization, proper procedures for claims handling and return-to-work, and how to investigate claims of fraud.
Continuing Education Credits:
Click the 'Credits' tab above for information on PHR/SPHR, PDCs, and other CE credits offered by taking this course.
