Protect Your Business from Unnecessary Employee Treatment Costs with Medical Cost Containment
According to the Bureau of Labor Statistics, there were 2.8 million incidences of workplace injuries in 2019, which cost businesses upwards of $171 billion, as reported by the U.S. National Security Council. Based on these statistics alone, it’s safe to say that the enactment of workers’ compensation is a necessary strategy the government has devised to compensate employees who became ill or injured in the course of their employment.
Are You Spending Too Much for Workers Compensation Healthcare?
Medical cost containment is crucial for employers and insurers in today’s Workers’ Compensation environment.
3 Easy Ways To Reduce Workers’ Compensation Costs For Traveling Employees
Accidents can happen even in the most safety-conscious workplace, and that risk is multiplied when employees go out to perform their work while moving from one place to another. Moreover, the injuries that traveling workers might sustain can be pretty severe, regardless of the type of vehicle they use for transport – car, train, or plane. […]
Understanding Mental Health in Workers’ Compensation
There is an extremely thin line that separates workers’ compensation and mental health. While both employers and insurers strive to reject mental health conditions as part of workers’ compensation coverage, claims for treatment due to work-related stress is increasing. Working with an experienced workers compensation provider network may help to get a proper psychiatric or psychological evaluation […]
Things You Need to Know About Work Injury Rehabilitation
Workplace accidents and injuries are not uncommon in the U.S. In fact they happen every single day. In 2019, the amount of money lost due to work injuries was $171.0 billion. Most employees may be involved in similar workplace accidents but for sure each of them will have a unique set of circumstances and recovery timelines. To […]
