How to Reduce Workers’ Compensation Costs

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How to Reduce Workers’ Compensation Costs

Workers’ compensation insurance pays for medical costs following workplace injuries and are a concern for any business owner. When an employee is injured on the job, it interrupts workflow and the employer incurs the costs associated with medical care and lost productivity. Medcor helps control these costs with occupational health services. Our customized safety programs and onsite clinics staffed with dedicated health advocates help reduce workers’ compensation costs by preventing workplace accidents and injuries, and providing the right care when injuries do happen.

Medcor reduces workers’ compensation costs and helps you avoid workers’ compensation claims with onsite clinics and safety services. Partner with Medcor to lower costs and improve worker health.

Onsite Clinics Role in Reducing Workers’ Comp Claims and Costs

Convenient care for work-related injuries at an onsite clinic by Medcor lowers all costs associated with workers’ compensation. When injuries are treated efficiently and appropriately onsite, you avoid unnecessary claims and costs associated with expensive emergency medical visits and unnecessary care.

Decreasing overall costs with Medcor doesn’t stop with the initial care for an injury. When Medcor manages the care and return to work of an injured employee, we ensure the care is appropriate and the employee is rehabilitating as they should be, avoiding the cost of unnecessary medical care or medications and ensuring an efficient return to work.

Onsite clinics also enourage employees to be more proactive about their own health with essential care services like health screenings and flu shots. Healthy employees miss fewer days of work and are less likely to experience an injury on the job. Provide quality care for employees with a Medcor clinic and lower your overall healthcare costs by improving employee health.

Top Strategies to Reduce Workers’ Compensation Costs

Improving employee health and safety with Medcor saves on costs in the short and long-term and helps improve your company’s reputation. Workers’ compensation insurance premiums are higher in industries like construction where there are increased safety risks. An experience modifier is an adjustment made to the cost of a premium based on a company’s history of claims. Medcor helps control the costs related to safety risks with customized occupational health services and safety programs tailored to the needs of your industry and workforce.

Onsite clinics provide quality medical care to get injured employees back to work safely and efficiently, helping avoid needless claims.

Worksite Safety Training ensures employees have the education to perform their jobs safely.

Return to work programs ensures injured employe continue to receive the appropriate care and minimize time away from work.

Partner with Medcor to reduce the costs associated with workplace accidents and injuries and create a culture of safety.

Educate Employees on Proper Workplace Safety

When injuries happen at work it impacts productivity and costs you money. Workplace safety improves occupational health and proper safety training can help prevent accidents and injuries on the job. This protects your workers and your company from avoidable accidents and OSHA citations.

Worksite Safety Training by Medcor ensures your workforce is equipped to do their job safely and handle any hazards they encounter on the job. A customized safety program considers all the safety risks your workforce could be exposed to and how to perform their jobs safely. We can also deploy safety professionals to your worksite through our subsidiary Worldwide Safety Professionals (WSP).

Quality Medical Care

Providing quality medical care at an onsite clinic when an employee is injured on the job lowers the costs associated with workers’ compensation. When they receive appropriate care onsite they can return to work safely and efficiently and you avoid a needless claim.

Having essential care services available for employees at onsite clinics also improves the overall health of your workforce. When employees have access to quality and convenient care, they are more likely to take better care of themselves and show up to work healthy. Maintaining a healthy workforce with quality medical care reduces workers’ compensation costs.

Develop a Strong Return to Work Program

A return to work program for an injured employee ensures they are approved for returning to work and that they can perform their job safely. These programs can include a timeline of follow-up visits after an injury, physicals to assess the employee’s health to return to work, and the implementation of any modifications or part-time scheduling necessary for the injured employee to perform their job safely.

A workers’ compensation Nurse Case Manager is beneficial for cases requiring a return to work program. They can coordinate with care providers, workers’ compensation insurance, and the injured employee to manage the case through to the employee’s safe return to work.

Lower Your Workers’ Compensation Costs While Providing Employees Benefits

Medcor is your partner in reducing workers’ compensation costs. We are dedicated to providing employees with quality care that considers your bottom line. Your employees are your largest investment and Medcor helps you protect that investment by maintaining a healthy workforce.

Our onsite clinics lower workers’ compensation costs and help create a healthier work environment. We use evidence-based medicine and dedicated health advocates to deliver the appropriate level of care to an injured employee and manage their care through to the employee’s return to work. Safety training also helps lower costs by giving employees the education to prevent accidents and injuries.