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A Workers' Comp Cost Containment Webinar - What a Concept!

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I have often lamented that employers do not understand that workers’ comp is a controllable cost. Too often they treat it as a necessary evil that they must simply contend with, and never really pay attention to the fact that they have influence over costs; through both prevention and effective claims management.

That is why a webinar focusing on specifically that – “workers’ compensation cost containment” – caught my eye when information on it crossed my cluttered desk. Safety National is offering a complimentary webinar featuring Rebecca Shafer and Karen Casserly entitled “Reduce Workers’ Compensation Cost by Understanding and Controlling Key Cost Drivers”. In this webinar they promise to show attendees how to “Identify cost drivers, obtain ‘buy in’ from executive management, focus on areas of improvement and measure improvement”. For employers interested in improving their bottom line and lowering their overall risk, this is an offering they should take advantage of.

I recognize that this may come across as a promotional post, but it isn’t. I am not being compensated for promoting this webinar. In the interest of full disclosure, both Safety National and Shafer, President of Amaxx Risk Solutions, Inc. are long time clients, partners and friends to my company and this website, but I just think this is a great offering that people should be aware of. Knowing these people, I am sure it will be a worthwhile endeavor. And as I have indicated, this is a lesson that many employers could benefit from

Besides, everyone has the right to my opinion.

The one hour program will be held August 21, 2012 at 11:00 CST. They are recommending Brokers, Risk Managers, Business Owners and Managers, Workers’ Compensation Coordinators, and HR Specialists register to attend.

For more information and to register, go to http://www.safetynational.com/webinars.html.

After all, cost containment is a concept whose time has come.....

 

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About From Bob's Cluttered Desk - "A Place Online for our CEO to Opine"


Robert Wilson is President & CEO of WorkersCompensation.com, and "From Bob's Cluttered Desk" comes his (often incoherent) thoughts, ramblings, observations and rants - often on workers' comp or employment issues, but occasionally not.

Bob has a couple unique personality characteristics. He firmly believes that everyone has the right to his (Bob's) opinion, and while he may not always be right, he is never in doubt. Enter at your own risk, and like all of our blog areas, we encourage you to read the disclaimer at the bottom of the page.

We're not responsible for this guy.....

Bob is an accomplished speaker for the workers' compensation industry. He is available for conferences, corporate events, children's birthday parties and Bar Mitzvahs. You may access his Speakers Brief here.

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Subscribe to comments feed Comments (2 posted)

avatar
Stacy Champion 08/14/2012 19:04:20
Hi Bob:
I hope one of the cost-saving "tips" they bring up will be the importance of accommodating modified duty! Obviously, the decrease in indemnity costs can be substantial, but it is also well known that providing modified duty can reduce the amount of physical therapy a person might require as well.

In my opinion, a little "TLC" goes a long way as well. :)

Thanks,
Stacy Champion, RN CCM
Nurse Care Manager
avatar
John Liberatore 08/22/2012 08:21:39
Excellent topic and I agree that many times senior management looks upon WC as an uncontrollable evil/cost.

I wish to also add that as we conduct audits of many WC carriers and TPA's and see the commonality among the claim departments there are many times that the case that turns sour is the case that both the (busy) Employer and the (very busy) Adjuster do not pay sufficient attention to on day one, 2 and 3. There are inconsistencies that must be addressed that are glossed over for a variety of reasons but most of all due to a lack of time. Inconsistencies must be investigated and challenged by the Adjuster and the Employer. If the Adjuster case load does not allow the time and focus then an alternative solution must be sought lest all control of the case is lost and the typical sprain/strain turns into an unchallenged MRI (no clinical findings to support) followed quickly by surgery.
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