Risk Management and Workers Comp
Have you or someone you know been impacted by a worker’s comp claim? Are you frustrated with the process? Has your insurance provider simply decided to pay the claim while your rates are sure to rise?
Your First Place Employer Services Advisor is a pro at negotiating the best rates and deepest discounts on your behalf. We are diligent in our efforts to make sure you and your employees are coded properly with no mistakes.
First Place Employer Services staff works closely with your preferred PEOs loss control experts in a positive effort to prevent losses. We also work closely with their claims department to be sure that all claims are processed promptly and fairly.
It is our commitment to you that we will make every effort to reduce the premiums charged to you for Workers' Compensation insurance. Preventing and minimizing losses will help us fulfill that commitment to you.
RISK MANAGEMENT SERVICES AND WORKERS COMPENSATION
Providing a safe, accident free workplace isn't just the right thing to do - it's the cost-effective thing to do!
One of the fastest ways to sabotage your operating costs is to pay too little attention to the critical issues of workplace safety and Workers' Compensation claims management.
Will It Happen To You?
Over the next twelve months, employers across the nation will pay out over $70 billion dollars in expenses related to workplace injuries and/or illnesses. And while that figure alone may cause you great concern, consider this: Within the next six years, that figure will double.
In some states, Workers' Compensation costs are escalating at a rate of 20% or more each year. New areas of claim filings, such as job-related stress, have increased seven fold in a single year.
Other social factors create great pressures raising these costs: from drugs and alcohol which are estimated to contribute to more than half of all workplace injuries; to an estimated $17 billion of illegal costs generated through fraudulent claims and professional services billings.
At First Place Employer Services, we devote resources and expertise to keep these costs under control for our clients.
PEOs help you maintain a safe and drug-free workplace.
Through highly effective risk management divisions, PEOs identify potential risks, develop solutions, and implement loss control and claims management programs. If an injury does occur, we want the very best for you and your employees, including prompt, professional medical care, benefits that help employees return to work as soon as possible, and a claims management process that preserves your company's time and resources.
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