Committed to the Journey
With states increasingly easing restrictions implemented to stem the spread of COVID-19, employers may find themselves in need of new hires. Statistics show many older workers are retiring rather than risk contracting the disease. Other, furloughed employees may have found other ways to generate income or may just be apprehensive about returning to workplaces. Re-hires …
4 Steps to Avoid Hiring Your Next Workers’ Compensation ClaimRead More
Evidence-based medicine (EBM) is the conscientious, explicit, and judicious use of current best scientific evidence in making decisions about the care of individual patients. Hierarchy of Scientific Evidence While we would like to think that scientific evidence has always been the basis of modern medical practice, over the last few decades there has been an exponential improvement in research …
How Evidence Based Medicine & Clinical Guidelines Impact Workers’ CompRead More
Members of the claims management team are called upon to investigate claims and make determinations of primary liability and the necessity of medical care and treatment. This requires them to perform tasks on numerous occasions quickly and effectively. It also includes the ability to be creative while cost-efficient. Here are some tips to consider in …
Effective Workers’ Comp Claim Investigation TechniquesRead More
Losses are just one factor in your overall workers’ compensation costs. The other is premium. Many calculations are involved in setting the premium; it comes down to how much of a risk the carrier thinks it is taking by insuring your company. One of the biggest components of the premium calculation is the experience modification …
4 Ways to Lower Your Experience Modification Rate and Why it MattersRead More
The longer an individual is off of work, the less likely he is to return. That fact is the overarching reason companies adopt return-to-work programs for their injured workers. While most in the workers’ compensation world agree with the premise, there are myriad reasons many companies either have no or ineffective Return to Work programs. …
4 Key Ways to Ensure Return to Work Programs Save MoneyRead More
“We had meeting after meeting, year after year on how we could get our arms around our claims costs and the negative effects it was having company-wide. We hired Odyssey Comp Partners and now our workers’ comp program is a strength of our company” K.M- HR Director Problem A western Minnesota hospital was having issues …
“We entered into a business relationship with Odyssey Comp Partners at a critical point in our business. Their execution moved us to profitability” M.B – Administrator Problem A southern MN Senior Living facility had 37 claims, totaling nearly $500 million, within a four-year period. The majority of the injuries consisted of back and shoulder strains …
