Keep Your California Workers Comp Insurance Costs Low

Lower workers compensation rates are sure to make employers happy.  It is important to not slack off in your vigilance to keep safety procedures and management up and running. Remember that Workers Compensation coverage is not an expense of doing business.  Costs rise and fall on the number and costs of injuries in the workplace.  You should not confuse lower rates with lower costs.   

Employers should look at keeping the low cost of workers compensation as a basic business practice.  Always be looking at safety and workers compensation management programs and be prepared to implement changes when necessary.     Never rely on past good behavior only.  Continuous reviews can help to insure you keep the lowest rates possible. 

Employers need to demonstrate to their insurers they have fewer claims with shorter life spans.  Providing proof that you are a “preferred policy holder” will help you qualify for all the “perks” your insurer and state may offer.

 How do I achieve “Preferred Policy Holder” status? 

Be sure to document your safety history.  You can include things such as ergonomic best fits for sedimentary computer workers, floor coverings, training in lifting, climbing, warehouse safety, removing tripping hazards and including signage.

 Show proof that your employees are returning to work faster than the average.  Try and obtain a goal of 95% of injured employees returning within 1-4 days.  (Note:  You should not include med-only claims in this calculation)

 Employers should communicate with injured employees from day one.  This will show good faith and demonstrate you are an ally in his/her recovery.  Document how they are doing every week by talking to them.  Send flowers or a small gift.  This will help you create a complete log of when, where and how you communicated with what was discussed.  

Training!  Employees should always be kept up to date with safety procedures and the expectations from workers comp management.  Training employees on safety and post injury response procedures as well as business protocol for convalescence, such as return to work programs, modified responsibilities, etc.  Inform your employees they must take a Work Ability Form with them to the treating physician and have it completed and faxed back to you with their diagnosis and any work restrictions.  This will allow you to create modified job duties that will adapt to the restrictions listed.  Employees must then sign off when they receive training so you can demonstrate to insurers that your employees have, in fact, received training.

 Employers must file the Work Ability Forms to show you are on top of each visit to the doctor’s office.  This further shows you are ready to address any restriction with modified job duties when applicable. 

 If you can demonstrate that you have engaged in the above activities and that you have lowered the incidence of work related injuries, you may become eligible for the state mandated credit programs, the insurer dividends and the “Preferred Policy Holder” status. 

Keep Your California Workers Comp Insurance Costs Low

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