4 Ways To Reduce Workers Comp Claims In 2022

​Reducing workers' compensation claims is critical for all business owners. This blog post will discuss four ways to reduce WC claims in your business. These methods are effective and can be implemented right away! By reducing WC claims, you can save money and protect your company.

Workers' Compensation Protects Both Employer And Employee
Workers' Compensation covers the medical expenses of both parties in case of an emergency. If an employee receives workers' compensation benefits but is not at work, you do not have to pay them.

You must pay them at their usual wage rate if you still employ them. This coverage would most likely reimburse their medical expenses in this situation, not their lost wages.

Tips For Reducing Workers' Compensation Claims
 Here are 4 ways to reduce workers' comp for a safer and happier company.

1. Assess Risks
   Create a specialized safety team that regularly evaluates risk concerns at your facilities. Take inventory of potential hazards for each facility, equipment, and company vehicle.
   
   
2. Develop A "Safety First" Mentality
   Ensure that safety is ingrained in the workplace culture and that both management and employees share responsibility. A formal workplace safety program is a fantastic method to improve and promote this. Workplace safety measures assist in reducing accidents and boost morale, productivity, and employee retention.
   
   
3. Educate And Set Expectations For Employees
   It is important to provide training to all employees and management to provide a safe atmosphere for everyone. Conduct regular refresher workshops in addition to job-specific safety training. Use these occasions to remind employees to avoid risky activities. Consider providing first-aid training to some or all of your employees.
   
   Consider several different training choices. In-person or classroom training, webinars and online learning are all viable options for effective training. It may be easier to book employees for relevant sessions if you select possibilities.
   
   
4. When A Claim Is Made, Take Action
   Complete an accident report with as much detail as possible when an employee is injured. Take photos of the site and speak with potential witnesses to learn more about what happened.
   
   The first notification should be sent to the insurance company within 24 hours. This move will ensure that the case is handled quickly and help fight fraud cases. The employee should be subjected to a drug test. In most areas, a positive drug test will not allow you to deny a claim, but it will undoubtedly assist you.

Conclusion
It's a terrific opportunity to get started on your company's safety resolutions. The list above can help you enhance your safety before and after an incident to make your future workplace safer, whether you're altering policies or strengthening existing ones.

At CSIS Insurance Services, Inc., we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays and we're here to help you out. Learn more about our products and services by calling our agency at (888) 501-2747. You can also request a free quote by CLICKING HERE. Any coverage discussed is not guaranteed. Contact us today to go over your specific needs and we are happy to help you find a policy that works for you and your budget!