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May 22, 2013

7 Workers Comp New Year’s Resolutions

Everyone is always looking to improve the workers compensation system. Much like cell phone reception, it seems that there are no good options, only ones that are less bad. No matter what the outcome, people will complain.

Of course, in many cases there are real reasons to complain. All too many states and companies have huge problems with workers comp. To help ease the burden, Risk & Insurance is suggesting the following 7 New Year’s resolutions for workers comp.

Resolution #1: Identify your “medical cost culprits” and build plans to deal with them.

Resolution #2: Insist on real value from the cost-containment programs you have in place today.

Resolution #3: Explore new opportunities, programs and partners.

Resolution #4: Demand innovation from your partners.

Resolution #5: Connect as many dots as you can.

Resolution #6: Build relationships with medical providers.

Resolution #7: Give consideration to dealing with the co-morbidities impacting a successful claim resolution.

Head over to their site for a more detailed description of each.

Risk Management Magazine and Risk Management Monitor. Copyright 2013 Risk and Insurance Management Society, Inc. All rights reserved.

About the Author

Senior Editor

Jared Wade is the senior editor of Risk Management magazine and the Risk Management Monitor blog.

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