Identifying and Minimizing Workers' Compensation Cost Drivers
Keyword(s)
Employment Law & Legislation
How does a California employer effectively manage the
costs of these claims while at the same time providing quality medical care
to their employees? Learn from a large retailer who has successfully faced
these challenges and is an industry leader among its peers.
Credits
CalBar - MCLE:1.25, HRCI - California:1.25, SHRM - PDC:1.25
Description
California
workers' compensation costs are the most expensive in the nation. At 3.48 per
$100 in payroll, we are 188% higher than the median of $1.85 for all 50
states. In 2014, we spent almost 17 billion dollars on workers' compensation
claims! (WCIRB, 2015) How does a California employer effectively manage the
costs of these claims while at the same time providing quality medical care
to their employees? Learn from a large retailer who has successfully faced
these challenges and is an industry leader among its peers. We will discuss
real world strategies such as using the legislative tools given to us,
implementing a Medical Provider Network, discussing the pros and cons of
Utiliation Review, learning how to manage your insurer or Third Party Administrator
(TPA), discussing the merits of Nurse Case Management, and keeping your
claims from becoming litigated.