Missouri Experiencing Continued Declining Workers Comp Rates in 2019

2019 Marks the 5th consecutive year of declining workers compensation rates in the state of Missouri

This past December, the Missouri Department of Insurance recommended a 3.5 percent decrease for workers compensation insurance loss costs in 2019. This is a modest decline, but it also marks the fifth year in a row of declines for workers comp rates in the state of Missouri.

Spirit of Saint Louis, Gateway Arch, located on the banks of the Mississippi River in Missouri.

Missouri is an NCCI state. This means the workers compensation system partners with the National Council on Compensation Insurance for recommended pure premium rate recommendations. NCCI is the leader at gathering data, analyzing industry trends, and providing objective insurance rate and loss cost recommendations. States that partner with NCCI predominantly enjoy lower rates on workers compensation premium.

Missouri State Flag

Why are rates declining?

Missouri Workers Compensation Rates 2019 are declining because of positive lost-time claim frequencies combined with stable average claim costs. This means the insurance carriers have processed less frequent claims and the average claim cost has remained stable. Because there are less claims to cover and the cost of those claims has remained relatively stable, insurance carriers operating in Missouri have experienced less cost to operate in the state. These positive signs allow the industry to pass some of those savings on to businesses within the state in the form of lower workers compensation insurance rates in 2019.

 

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NCCI Class Code 9014

Janitorial Services Companies fall in Class Code 9014 for purposes of Workers Compensation Insurance. 

NCCI Class Code 9014 has many different types of operations that are included within the code. The predominant business for this class code is commercial janitorial services companies. This type of business is defined as keeping a building clean by routine dusting; mopping, vacuuming, waxing, or polishing floors, emptying trash, cleaning or washing interior walls, and cleaning, sanitizing, and deodorizing restrooms. Most insurance carriers will allow for up to 10 percent of the businesses time be related to maintenance and minor repair work.

Class Code 9014

Specifics of Janitorial Services Companies

There are additional types of businesses that fall within NCCI Classification Code 9014. Those businesses include: Exterminators, Chimney Cleaning, Residential Boiler Cleaning, Swimming Pool Maintenance, Pet Waste Removal Services. In relation to Janitorial Services Companies, most insurance carriers want to offer coverage to cleaning companies that clean office locations. These are the least risky operations for a commercial cleaning company. The rates for workers compensation insurance are more favorable for businesses who clean offices.

Retail and other light commercial spaces are also less risky for the insurance carrier to offer coverage. Because of this, carriers offer much more favorable rates on premium. On the other end of the spectrum, it can be difficult to find an insurance carrier willing to offer coverage to businesses that clean industrial settings. When businesses who clean industrial settings do find coverage, it is normally at a higher rate of premium.

Lady working at a Commercial Cleaning Company fits into NCCI Class Code 9014.

Floor waxing is another type of operation underwriters take into account. Some carriers allow for floor waxing to be as much as 25 percent of the business operations. While floor waxing is acceptable, power washing is an activity that is not very favorable to insurance carriers.

When commercial janitorial services companies also offer their services to residential clients, the amount of residential clients must be less than 50 percent of the operations or the business must be placed within class code 0917. Workers Compensation Rates are typically higher when businesses use this class code. Many carriers have a very low appetite for residential companies because it is a less controlled work environment.

If a business is not able to find coverage on the open market, the business will be forced to find coverage from the state provider. Policies offered by the state provider are almost universally higher in cost. Partnering with an independent insurance agent is a great way to determine which classification code is proper for your business, whether your business should go with a traditional or pay as you go policy, and what you as a business owner can do to lower what you pay for premium.

Cleaning Service

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5 Businesses Who Might Benefit From a Ghost Insurance Policy

A Ghost Policy Can Satisfy Insurance Requirements for a One-Person Business at a Substantial Savings

Workers Compensation Insurance is required by law for most businesses in most states. When a business operates as a sole proprietor, one-person LLC, a partnership, or a one-person s-corporation; depending upon the state the business operates in workers comp may not be a requirement. In order to save money, many of these businesses decide to go without coverage, but most find contracts require workers comp coverage. In order to meet the requirements of these contracts, many insurance carriers have a specific ghost insurance policy to meet the needs of certificate requests.

A Ghost Insurance Policy is beneficial to all types of contractors.

How is a Ghost Coverage Different? 

A Ghost Insurance Policy is what professionals within the insurance industry  refer to as a minimum earned premium policy. Ghost policies normally cost between $750 and $1000 each year. Nor this depends upon the state and industry a business operates. The policy does not have payroll calculated into the premium and it excludes all owners from the policy. The main function of a ghost policy is to not necessarily provide tangible benefits unless the business decides to hire an employee or subcontractor that is consider an employee by the state governing body. The Ghost Policy doe provide interim protection for an employee or subcontractor until the business gets a traditional workers compensation policy in place. If the business never hires employees throughout the year, the ghost policy will meet the requirements for a certificate of insurance to be issued to an entity with whom a business is entering into a contract.

A ghost above a shadow of someone walking through the woods.

General Contractor

In many cases, a general contractor needs a certificate of insurance to prove it has certain insurance policies in place in order to enter into a contract. Workers Compensation is almost always one of the required coverages. A Ghost Policy can meet one of these requirements for the general contractor. If the contractor never hires an employee than they only have to pay for the cheaper ghost policy. If the business hires an employee or a subcontractor

Plumbers

If a plumber operates with multiple employees, they will need to secure a traditional workers compensation policy, but some plumbers are established enough to work as a single-employee entity. Plumbers who are the only employee of a business and install or service on new construction projects frequently are required to produce a certificate of insurance. When the business operates with only one employee a ghost policy can help service this requirement at a much lower rate than a traditional workers comp policy.

Landscapers

Many businesses who operate in the Lawncare and Landscaping Industry have employees and secure a traditional workers compensation policy. Some professionals work on their own as a consultant and they are the only employee of that business. When this is the case, a ghost policy is usually the best type of policy to have in place in order to satisfy the requirements for a certificate of insurance.

Home Healthcare Workers

Most Home Healthcare Companies have multiple employees who work at the residence of clients. In some instances, home healthcare workers are able to work as independent contractors. In some states, contractors are not considered employees. If that is the case for a home healthcare worker, a certificate of insurance is necessary to operate. A ghost policy costs substantially less then a traditional workers compensation insurance policy. Because of this savings, a ghost policy is usually the best way for home healthcare contractors to get coverage in place that will satisfy the requirements for workers comp.

Architect and Engineer

Architects and Engineers frequently operate as solo independent contractors. Like other contractors, they need to provide a certificate of insurance in order to agree to a contract. Workers compensation is typically required to meet the needs of the certificate of insurance. When this is a requirement, a ghost policy can meet the requirements at a much lower amount then a traditional workers comp policy.

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Workers Compensation Rates in New York for 2019

Rates for workers compensation insurance have historically been high. According to the 2018 Oregon Workers’ Compensation Premium Rate Ranking Summary, rates for in the state of New York are the most expensive in the country. These rates average 188 percent more than the national average. The Oregon Workers Compensation Premium Rate Ranking Summary comes out every two years and is the most comprehensive study that analyzes workers compensation premium. In 2019, the New York Compensation Insurance Rating Board recommended a 11.7 percent reduction in loss cost rates. These reductions went in to effect on October first of 2018.

Manhattan, New York Skyline

Why are New York Rates Declining in 2019?

New York Workers Compensation Rates 2019 are seeing a decline, but in reality they could not have gotten much more expensive. As of 2018 the rates were 188 percent the national average. One of the main reasons for this decline was that in 2017 there were reforms to the workers compensation system put in place that capped classification of Maximum Medical Improvement. This reigned in the high costs associated with delays in finalizing claims. Faster processing of claims allows everyone within the system to benefit and some of those savings are passed on to the business community in the form of lower workers comp premium.

Ways to Maximize Savings in 2019

Partner with an Independent Agent

Partnering with an independent insurance agent allows a business to get unbiased advice about the policy they are buying, the package of policies they are buying, the carrier they are buying them from, and what policies they may not need. A captive agent cannot be as honest with you about all the options at your disposal. This is because they sell the products of one carrier where an independent agent partners with many carriers. They can tell you what you may like and dislike about partnering with any particular carrier. A captive agent will only tell you the positives of their particular carrier.

Shop Around Your Policy

While it is not a good idea to switch carriers every year based upon a slight decline in price. It is wise to shop around periodically. If for no other reason than to make sure your current carrier is competitive with the current marketplace.

Implement a Safety Program

Implementing a safety program is one of the best actions a business owner can take to decrease the frequency and severity of claims within the workers compensation system. In the long run this will lower the businesses experience modification rating which is the main factor an underwriter looks at when determining what to charge a business for workers compensation insurance premium.

Bundle Policies

Bundling all policies together is an additional way to save on insurance premium. When you bundle all policies together you will prevent a gap in coverage. Also, underwriters are more aggressive with credits and discounts when they know they are getting more of your business. Your independent insurance agent can use this to get your business more comprehensive coverage at lower rates.

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West Virginia is Experiencing Declining Workers Compensation Rates in 2019

West Virginia Workers Compensation Rates 2019 will decline by 10.3%

In 2019, West Virginia Workers Compensation Insurance Rates are going to be declining by a significant amount. On average, the business community will be paying 10.3 percent less for workers comp premium. This marks the 14th consecutive decrease in a row for the state. This declines amount to a cumulative decrease of 75.8 percent and aggregate premium savings of $398 million. This is extremely good news for business owners. There are a number of reasons for continuing declines and here are two aspects that contribute substantially to the decline in West Virginia Workers Compensation Rates 2019.

Why is premium declining?

The Move to Privatization

In 2006, West Virginia moved to privatize the workers compensation fund. When this began, the state system began adding private insurers to the market in an effort to compete with the state-run workers comp fund. More competition has forced not only the state fund, but also every carrier operating in the state to compete for business. In most instances, states who have both a robust state fund and a competitive open market benefit from lower workers compensation premium. Most within the industry believe continued competition will lead to additional declining rates for the business community within the state of West Virginia.

Safety Programs

Many within the insurance industry have noted that safety programs have had a significant impact on declining workers compensation rates. These programs have been instituted by numerous employers across the state of West Virginia. Better safety programs contribute to less insurance claims and the claims that are reported are less severe. This means the insurance carriers are forced to pay out less in claims. These savings are passed on to the business community in the form of lower workers comp rates.

If you are a West Virginia Business Owner looking to renew your commercial insurance, we have specialists waiting to help you get rock bottom rates on the most comprehensive insurance packages. We can help you no matter the size of your business or the industry you operate in.

Give us a call at 888-611-7467 or click here to fill out a quote online and let us shop insurance so you do have to.

 

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Who Might Need a Ghost Policy?

A Workers Compensation Ghost Policy is a very specific type of insurance policy designed for a business owner to be excluded from coverage when there are no additional employees at the business. This type of policy is designed to meet legal obligations for coverage with the state. A ghost policy is also designed to provide actual workers comp benefits unless the employer hires employees or becomes liable for an uninsured subcontractor. Most commonly, a ghost policy is typically purchased by a subcontractor to satisfy coverage requirements of a general contractor or a business who hires the subcontractor.

Ghost Policy

  • A ghost policy enables a business owner to have a certificate of insurance issued,
  • A ghost policy can cost a fraction compared to a policy including the owner, and
  • A ghost policy should provide employer liability protection in the event an employee is hired or a payment is made to an uninsured subcontractor.

A ghost policy is a great choice for small subcontractors who never have employees nor make payments to other subcontractors without insurance. The reason why people buy a Ghost Policy is to provide proof of insurance coverage, through a certificate on insurance, for requirements to a contract they are operating within. Many businesses and general contractors require proof of insurance as a requirement for a contract offer.

How Does a Ghost Policy Work?

A ghost policy typically costs between $750 and $1000 annually depending on the state the policy is issued. The policy has no payroll calculated into the premium and excludes all owners from the policy. In order to elect this type of coverage a business owner must select to be excluded from coverage on the Acord 130 Form. Again, they can only elect to do so it they are the only employee associated with the business for the entire policy period.

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6 Tips to Reduce Your Workers Comp Premium

Here are Six Ways To Save on Workers Comp Premium

There are many aspects of a business that determine what a business pays for workers comp premium. Some of the factors, are not controllable. Take for instance the state you operate in or the industry you operate in. Other factors are a direct reflection of the actions of the business. An example of this is the amount of insurance claims a business has in a particular year. Here are six steps a business can take to limit what they pay for workers compensation insurance premium.

Workers Comp Premium may be high for a Small Business Coffee Shop.

Partner With an Independent Insurance Agent

Partnering with an independent insurance agent is the best way to get the most comprehensive coverage at rock bottom rates. This is because an independent agent has access to multiple carriers and they know which carriers are hungry to quote certain coverages or industries. This knowledge can help them quote your policy with the carriers who are actively seeking out your type of business. This saves time and gets your business access to the best workers comp premium rates possible.

Shop around your policy

A good way to shop around your policy is by partnering with an independent insurance agent and let them do the shopping for you. It is not a good idea to switch carriers every year for a slight drop in workers comp premium. It is important to make sure your carrier is competitive with the current marketplace. The only way to find out is to shop around periodically.

Implement a Well-Documented Safety Program

A Well-Documented Safety Program is a great way to reduce the frequency and severity of the insurance claims your business files. It means your employees will get hurt less frequently and be more productive. A safety program does not have to be extensive in order to be effective. It does need to be regular and it needs buy in from the entire organization. The best way to get buy in is for the leadership of the business to prioritize safety and communicate that to staff frequently. Documentation of all meetings is important because it can help your agent negotiate lower rates at renewal and prevent steep increases after a year in which the business experiences several or one large claim.

Include a Return-to-Work Program

A Return-to-Work Program is a great way to show your employees you care about them, you value their contributions, and want them to remain a part of your organization. A return-to-work program should be well thought out and it should be put down in writing. It is important to have some key employees from all levels of your business be a part of the process of developing a return-to-work program. The program must include limited capacity work to get employees back on the job quickly. Employees who get back on the job quickly are more likely to return to full-time permanent work.

Report all Incidents Quickly

If you stay in business long enough, injured employees are going to happen. When incidents do happen, it is important to document everything that happened as quickly as possible. Incident reports are important for internal processing, but the Acord 130 Form is what needs to be filed with your insurance carrier within 24 hours of an incident.

Communicate Throughout the Claim Process

Injured employees have a lot to deal with. Making the process as smooth as possible is the responsibility of the business. Communication is key to getting your injured employee teh benefits they deserve and to get them back on the job quickly. Communicating with your insurance agent, insurance carrier, medical facility, and injured employee is crucial to a smooth process.

 

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How do I plan for an Injured Employee?

When an employee is injured, it is extremely important for the leaders of a business to respond as fast as possible. This response includes dealing with the medical issues of the injured employee as well as filing the proper workers’ compensation paperwork. Taking care of both the human and the business side of an incident involving an injured employee will go a long way towards the success of a business. Here are four ways to respond when your business experiences an injured employee.

Read and Follow OSHA’s recommendations

The Occupational Safety and Health Administration (OSHA) sets the standards employers are expected to follow regarding workplace safety. Employers should also know what to do when safety measures fail and an employee is injured at work because the more prepared a business is, the less likely an injury at work will prove costly. With this in mind, there are four main steps that can help business owners plan ahead.

Slips, Trips, and Falls are the most common reason for an injured employee.

Plan ahead and Prepare

The first step in protecting employees is being preparation. Workplace accidents happen, but they happen less frequently and are less severe when the organization is prepared. A quick response to any incident can not only reduce the severity of the injury, but also the cost of the injury. Developing a response plan should be a part of your business leaders monthly and yearly routine. These plans, if executed properly, can minimize common hazards and prevent injuries before they occur.  This process should include:

  • Creating response plans
  • Training employees and supervisors on those response plans
  • Stocking first-aid supplies and making sure they are easily accessible
  • Maintaining emergency contacts in a file where all employees have access
  • Assigning a safety officer or a safety committee to assess potential risks

Respond immediately after injury

When an injury occurs to one of your employees, the first thing anyone involved in your  agency should do is take care of the immediate needs of the injured employee. It is the right thing to do from a human aspect, but also it is the right thing to do from a business stand point. Taking care of the injured employee requires you to first get the injured employee to a safe place, assess the severity of the injury and how best to proceed, help the injured feel better, and gather the necessary information about how the injury occurred (When, Where, How, etc). Having your own internal reporting process is important because after this information is gathered, the manager can use this information to file a first report of injury form with your insurance carrier. Shortly after an injury occurs, the difference between preparedness and panic can be huge. Preparation is the best way to make sure your employees keep a cool head after a worker is injured on the job. This will minimize the severity of the injury and protect the business from additional liability.

Paperwork and Communication are Crucial

When a business experiences an injured employee, the manager on duty should first and foremost take care of the injured employee, but at the same time they need to document as much as possible. This will aide the injured employee in getting timely medical coverage through the workers compensation system. It is also in the best interest of the employer to maintain open communication with both the insurance carrier, the doctor, and the injured employee. This will expedite the claims process and allow the employee to get the benefits they deserve fast. A return to work program should be in place for getting injured employees back on the job, even in a limited capacity, faster and it will make the injured employee more likely to return to full time permanent work.

Prepare for a Lawsuit 

sometimes, when an employee is hurt on the job they decide to sue the employer. Even when an injured employee sues, it is wise to continue to keep the lines of communication open and help the employee get the workers compensation benefits they deserve. It will not look good in the eyes of a judge or a jury if the business shuts off communication in the face of a lawsuit.

The lawsuit does not have to be founded and damages do not have to be awarded for it to amount to an enormous cost for a business. It is wise to share all relevant information, including documentation, with attorneys and claims adjusters throughout the legal process. This is because the longer a litigated claim lasts, the more expensive it tends to become. It is also wise to remember that settling a claim early can prevent a much costlier, drawn-out lawsuit. Your insurance carrier should be able to give you advice throughout this process. Do not let pride get in the way. Most of the time it is best to settle and get back to business no mater what the facts of the lawsuit entail.

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Kansas Workers Compensation Rates are Declining in 2019

5th Consecutive year of Decreasing Pure Premium Rates for Kansas Workers Compensation 

Kansas Workers Compensation Insurance Rates in 2019 will be declining by 6.4 percent in the voluntary market and declining by 10.8 percent for assigned risk workers comp rates. This marks the 5th consecutive year business owners in the state of Kansas have enjoyed decreasing rates for workers comp premium. From 2015-2019 the cumulative rates will have dropped almost 45 percent in the voluntary base rate and nearly 50 percent in the assigned risk rate. These decreases will benefit approximately 70,000 Kansas businesses.

Cornfield along the Kansas Plains

Why are Kansas Workers Compensation Rates Declining in 2019?

There are a number of reasons for a decrease in Kansas Workers Compensation rates for 2019. According to Trey Gillespie, vice president of workers compensation with the Property Casualty Insurers Association of America. ‘Most states have experienced an ongoing decline in claims frequency while indemnity, severity and medical severity have been relatively stable’.  According to the National Council on Compensation Insurance (NCCI) 67 percent of workers’ compensation benefit distribution goes to pay medical claims, and 33 percent goes to indemnity claims. In layman’s terms, what all of this means is that businesses report fewer claims to their insurance carriers and the claims that they do report are less severe. The result of this trend is that insurance carriers do not have to pay out as much to service the policies. Because of these favorable trends the carriers are able to pass on some of these savings to the business community throughout the state.

Skyline of Kansas City, Kansas

What can Business Owners do for Ultimate Savings?

Use an Independent Agent

Partnering with an independent agent is always a great way to ensure maximum savings on the most comprehensive coverage available. An independent agent is a good partner because they can shop your policy around to multiple carriers in an attempt to get better coverage at lower rates by forcing the carriers to compete for your coverage. An independent agent will allow you to focus on running your business while your agent shops around your insurance policy.

Classify Properly

In order to maximize savings when it comes to all forms of commercial insurance, it is important to first make sure all employees are classified properly. Many businesses have employees who partake in drastically different areas of the business. Some of those businesses have employees who work in office or clerical work, other employees who are salesman who spend a lot of time out at third party locations, and still other employees who work doing physical labor. All of these employees need to be placed in the proper classification code and their payroll needs to be strictly measured.

Control Your Experience Modification Rating

The experience modification rating of a business is crucial to limiting what you pay for workers compensation.  The first thing an underwriter looks at when determining if to offer your business coverage and what to charge you for that coverage, is the classification code of your business and the experience modification rating of that is business.

Invest in Safety Protocols

Safety is the name of the game in any business. It is what is best for your employees as well as your customers. It is also important when it comes time to purchase commercial insurance. a safer business will have less claims and the claims it does have will be less severe. A small investment in a safety program can pay huge dividends when looking for the lowest Florida Workers Comp Rates.

Add a Return to Work Program to your Safety Policy

A Return to Work Program can significantly impact your experience modification rating in a positive way. When an employee is hurt and not able to work they are much more likely to develop new habits outside of their daily work routine. The longer they stay off the job, the more likely the injured employee is to become long term unemployed. This can have a drastic impact on the experience modification rating of the business. Businesses that are able to get an employee back on the job, even in a limited capacity, are more likely to have those employees return to permanent work.

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The Uniqueness of the Utah Workers Compensation System

Workers Compensation System in Utah is Strong 

The Utah Workers Compensation System is very unique. The system of provides for the ‘Exclusive Remedy’ to both businesses and employees within the state and it does it in a much better way than most states. The results of the unique system are Utah Businesses pay some of the lowest rates for workers comp insurance of any state across the country. Workers Compensation Rates in Utah for 2019 have only four states who pay less for workers comp coverage than the state of Utah. Those states are Arkansas, Indiana, North Dakota, and West Virginia. Each of these states except Indiana have a noticeably smaller GDP than Utah. Utah has some things working in its favor that help the market develop in a positive way for the business community in Utah. Here is a detailed description of the uniqueness of Utahs’ Workers Compensation System, what the Utah Workers Compensation System does well, and some additional ways Utah Business Owners can Maximize Savings.

Delicate Arch, Arches National Park, Moab, Utah

How is the Utah Workers Compensation System Unique?

In the state of Utah all employers are required to carry Workers’ Compensation Coverage. If your business is a sole proprietorship or a partnership and you have no employees other than the sole proprietor or partner than you are not required to carry coverage. If these types of businesses interact with general contractors than either the business or the general contractor will need to provide a certificate of insurance that the contractor is covered in order to be in compliance with the state Department of Insurance.

Utah partners with the National Council on Compensation Insurance (NCCI) to establish classification codes and to determine pure premium rates. Most states who partner with NCCI enjoy more competitive rates on workers comp coverage. Utah is one of those states. The state provider within the state of Utah is extremely strong and this competition from the state provider forces all other carriers who offer coverage within the state to compete for business within the state.

Mountain Scene outside of Salt Lake City, Utah

What does the Utah Workers Compensation System do well?

Public Private Partnership

NCCI and WCF partner within the state of Utah to create one of the strongest workers compensation systems in the country. NCCI creates classification codes and recommended pure premium rates. WCF is the state provider within the state and they commonly dominate between 55 and 60 percent of the market.

Utah has a Strong State Fund

The state fund provider in the state of Utah is called the Workers Compensation Fund (WCF). Depending upon the year, WCF controls between 55 and 60 percent of the market for Workers Compensation Utah. The next largest market share by another insurance carrier is typically just over 3 percent of the market. This domination of the marketplace allows WCF to control the cost of workers compensation throughout the state. Any carrier who wants to offer coverage in the state of Utah has to compete for business with WCF. This competition forces all carriers offering coverage within the state to keep their price for premium low in order to compete for business. The result is the business community has some of the lowest rates for work comp coverage of any state in the country.

House Bill 288

In 2018, House Bill 288 (HB288) passed the state legislature. HB288 makes it unlawful for employer to interfere with an employee’s ability to seek workers’ compensation benefits, or to retaliate against employee for seeking benefits. This bill establish fines of up to $5,000 for each individual violation.

Senate Bill 75

Senate Bill 75 (SB75) allows the Division of Industrial Accidents to waive the statutory penalty for failure to purchase workers’ compensation insurance.  SB75 states that the violation must be the employer’s first violation and the period of noncompliance must be less than 180 days. If this is the case, the employer must secure coverage and prove no injury was  reported to the Division during the period of noncompliance. This allows businesses one chance to go without coverage and still get a waiver. This is not the case for business that are serial non-compliers. Also, when a reduction is granted, the penalty will be reduced by the amount equal to the premium the employer would have paid for workers’ compensation insurance” based on the supplied payroll records.

Salt Lake City, Utah

What can businesses do to maximize savings

Safety Programs

Safety Programs are the single biggest move any business can make to positively impact how much the business pays for workers compensation insurance premium. Safety Programs, if well documented and well executed can limit the frequency and severity of accidents that happen to employees while at work. When a business files less claims and the claims that it does file are less severe, the insurance carrier is more likely to dig deep for additional credits and discounts when quoting coverage.

Drug and Alcohol Policies

In addition to a well thought out safety program, it is equally important to have a Drug and Alcohol Policy policy in place to keep all employees healthy and happy. Depending upon the type of work your business does and the training level of your employees, drug testing may need to be done either as a requirement for a job offer or as a regular part of your business plan. Partnering with an experienced risk management professional can help your leadership team develop a policy that is effective for your business.

Working With Inured Employees

If a business stays in business long enough it is going to experience an injured employee. How you work with the employee through the return to work process will go a long way towards the success of your business. Helping them get to the correct facility to get the best care and informing them of the process to get wage replacement benefits is important to keeping the injured worker and other employees happy. Remember, the other employees are watching how you treat an injured employee and they more than likely are wondering how they will be treated if something happens to them. Communicating with everyone involved in the process is important to help your employee get the medical care they deserve and get them back on the job as quickly as possible.

Return to work

A return to work program should be a part of any effective safety program. When executed correctly, a return to work program can help get employees back to work quicker and keep insurance claim from getting out of control. This is important because humans are creatures of habit. The longer an injured employee stays off the job, the longer they have to develop new habits outside of their normal work routine. The longer they stay off the job, the more likely they are to never return to normal permanent work. This is when a workers compensation claim can get out of hand and have lasting impact on the business experience modification rating.

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