Success Stories- Claims Management
A temporary staffing company was paying $230,000 annually for workers compensation and their experience mod was 1.969. They had several open claims at a time and needed to devote a lot of time to employees out on workers compensation. Their average losses per year were around $200,000.
The Seltzer Group implemented an aggressive return to work program. We worked with the management team teaching them to monitor the claims and stay in touch with claimants. Upon research we discovered that many of the claims could be closed. This resulted in a decrease if incurred cost by $100,000. Also their premium was reduced to $150,000 and their mod dropped to a 1.1. Average yearly losses have dropped significantly to $25,0000.
To learn more about how you can consistently manage and drive down the over all cost of your company’s workers’ compensation program please call 1-888-366-1000 or visit us online.
The Seltzer Group, located in Eastern Pennsylvania, specializes in developing safety, workers compensation, human resources, claims, and risk financing programs. They are a proud member of the Keystone Insurers Group and are nationally recognized for their expertise in workers compensation solutions. The Seltzer Group serves businesses and individuals locally, regionally, and on the national level.