Common Worker’s Comp Claims & How to Prevent Them
Worker’s compensation, by definition, is a type of insurance that provides wage replacement and medical benefits to employees that have been injured on the job. It is important to remember that the employer is liable for medical expenses and lost wages regardless of fault. Companies invest in Worker’s Compensation Insurance not only because it is required in nearly every State, but more importantly because unexpected claims can happen even when every reasonable safety measure has been taken.
Worker’s Compensation premiums are often a major contributor to a company’s overhead expenses, and therefore impact bottom line. Claims activity can have a significant impact either increasing or decreasing premiums, and for this reason it is important to stay in the know.
5 Most Common Worker’s Compensation Claims
• Sprains & Strains
Although these 5 common worker’s compensation claims we don’t think of as being serious, many employees are often out of commission from their jobs as a result of these “mild” injuries. This costs businesses a lot of money in both fulfilling worker’s compensation claims & production loss.
Establishing a safety guidelines protocol may prevent many injuries –especially the 5 most common ones we’ve listed here.
How to Prevent or Minimize Worker’s Compensation Claims
Even minor injuries such as sprains and strains could cause extreme production loss to any company, thereby making it important to provide procedural safety precautions that must be adhered to. By setting a safety guidelines protocol, your employees have a basis to follow in order to prevent injuries that could cost you thousands.
However, there are other methods to take in preventing worker’s compensation claims and they include:
• Quick and prompt medical attention to injured employees.
• Completing and filing all relevant insurance forms on behalf of the injured employee and reporting the claim immediately (even if you don’t think its serious).
• Maintaining direct contact and communication with the injured employee throughout the entire claims and recovery process.
• Temporarily modifying the injured employee’s job duties during the recovery period to allow them to return to work sooner than they normally would.
Please feel free to reach out to your broker and discuss how Brookhurst Insurance Services can help implement any of the above strategies at your workplace. We may be contacted @ (818) 465-7860.