OK, I'm feeling really incompetent right now. This whole WC thing is getting more complicated by the minute. I've been reading and found that there are two types of companies, those that are self insured and those that buy WC insurance...correct?
So will someone please explain if there is a difference in the laws pertaining to a claim made with a company who is self insured versus one that pays for ins. Is there a difference in how the claims are handled? Do I have the option of choosing my own doctor since they are self insured?
I can't say that I have had too much of a problem getting treatment and approval for any diagnostics needed. Only a slight problem with a NCM that resolved quickly. My company uses SRS to manage claims and SRS uses another company for the NCM. Will it become more difficult to get those approvals as time? Is my employer making the decisions or is it SRS? Feeling like things are about to change. Just not feeling the love from the employer anymore LOL.
After a conversation with my HR manager today, I found out that my company is self insured and of course they made it known that my surgery and med bills will hit the stores bottom line. Upper managements bonuses are based off of store sales budgets and bottom line.I can see they think that I am jeopardizing their bonuses. I can't imagine the cost of a shoulder surgery can destroy a 45 million dollar stores bottom line.
Thanks for any insight. I consider myself relatively intelligent but feeling out of my league with this WC stuff.
WOW do I ever feel the bulls eye on my back now!
So will someone please explain if there is a difference in the laws pertaining to a claim made with a company who is self insured versus one that pays for ins. Is there a difference in how the claims are handled? Do I have the option of choosing my own doctor since they are self insured?
I can't say that I have had too much of a problem getting treatment and approval for any diagnostics needed. Only a slight problem with a NCM that resolved quickly. My company uses SRS to manage claims and SRS uses another company for the NCM. Will it become more difficult to get those approvals as time? Is my employer making the decisions or is it SRS? Feeling like things are about to change. Just not feeling the love from the employer anymore LOL.
After a conversation with my HR manager today, I found out that my company is self insured and of course they made it known that my surgery and med bills will hit the stores bottom line. Upper managements bonuses are based off of store sales budgets and bottom line.I can see they think that I am jeopardizing their bonuses. I can't imagine the cost of a shoulder surgery can destroy a 45 million dollar stores bottom line.
Thanks for any insight. I consider myself relatively intelligent but feeling out of my league with this WC stuff.
WOW do I ever feel the bulls eye on my back now!