Notes

Slide Show

Outline

1	Are Your Clients Managing Their Workers’ Compensation Insurance …
2	So They Are Not OVERCHARGED Because of Mistakes Rampant In the System?
3	How Employers Are Overcharged Employer overcharged on Premium Audit Experience Modification Factor incorrect or mismanaged Employee injuries not managed
4	How Employers Are Overcharged Hiring and employee management practices that create claim problems Lack of alliance with Medical Providers
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7	THE INSURANCE COMPANY’S PREMIUM AUDIT PROCESS
8	THE INSURANCE COMPANY’S PREMIUM AUDIT PROCESS
9	THE INSURANCE COMPANY’S PREMIUM AUDIT PROCESS
10	THE INSURANCE COMPANY’S PREMIUM AUDIT PROCESS
11	THE INSURANCE COMPANY’S PREMIUM AUDIT PROCESS
12	Before auditor arrives, help client build Overcharge proof Audit Package
13	Many Experience Mods Are Wrong … Almost All Mismanaged
14	Experience Mod Map Payroll
15	Wacky Experience Rating Plan Formula
16	Insurance Companies Don’t Pay For Employee Injuries… Employer’s Do
17	Workers’ Compensation Acts As a Tax On Workplace Injuries
18	Revenues Required To Pay For an Accident
19	Peat Marwick Study: To Recover Costs of $2,000 Accident Soft drink bottler - 244,200 cans soda Food packer – 940,000 cans corn Bakery – 952,000 donuts Butcher – 268,000 pounds hamburger
20	On Average, Indirect Costs Exceed Direct Costs by 4:1 Ratio
21	On Average, Indirect Costs Exceed Direct Costs by a 4:1 Ratio
22	Claim Problems Wonder Why?
23	Certified WorkComp Advisor
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25	Employers Must Adopt New Company Culture to Drive Injury Incidents and Costs Down
26	Injury Problems Begin At Date of Hire, Not At Time Of Claim
27	Absolutely Critical Hiring Forms Conditional Offer of Employment Post – Offer, Pre – Placement Medical Questionnaire
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29	“If you do what you’ve always done, you’ll get what you always got!” W. Edwards Deming
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