Do you have employee’s who smoke? Did you know that annual health care costs for smokers are 31 percent higher on average than non smokers? With today’s raising health care costs, every company should be asking this question and every company should be developing a cost saving plan to reduce the costs [...]

If you purchased $1,000 of shares in Delta Airlines one year ago, you would have $49.00 today. If you purchased $1,000 of shares in Lehman Brothers one year ago, you would have $0.00 today. Tough economic times call for aggressive measures. Invest in your company’s safety program and your injured workers return to work program.
Designing a good [...]

Inappropriate claims are one the biggest driving costs of workers compensation increases. Up to 25 percent of all filings may have some form of fraud. There are many possible causes, including misunderstandings, miscommunication, cost shifting from a non-occupational health care plan, employee resentment, non-efficient service providers, and outright fraud. The National Insurance Crime Bureau estimates that workers’ compensation [...]

The system that was designed to provide medical care and wage replacement for workers who suffer work-related injuries or illness is straining to sustain itself. Rising claim costs and non-regulated reinsurance are contributing factors to the rising costs of work comp.
Today, workers’ comp accounts for one of the fastest growing labor costs. Premiums for workers’ comp have [...]