Your Ultimate Guide to Mastering Workers' Compensation Costs - Comprehensive Edition

$ 249.00


2017 Print Edition


The #1 training manual that covers how to assess your workers' compensation program, design the most cost-impacting strategy, roll out comprehensive changes to your organization, and monitor and manage the program going forward. 230 pages

The book is based on hands-on experience of industry leaders who have developed programs that reduce workers comp costs 20% - 50% for employers in every industry. The author, Rebecca Shafer, has worked directly with the largest organizations in the US developing practical, cost effective solutions to out of control workers' compensation costs.

Our guidebook provides simple to advanced strategies — everything an employer CAN DO to reduce costs — an EMPOWERING experience. Learn now with 19 chapters – over 250 pages of cost reduction strategies and techniques.

Chapters include:

   • Workers’ Compensation Insurance Basics
   • Fundamentals of Cost Containment
   • Training and Building Commitment
   • Injury Management Best Practices Roles and Responsibilities
   • Reporting the Claim
   • Post-Injury Response Procedure
   • Communication with Employees
   • Working with Your Adjusters or TPA
   • Safety and Loss Control
   • Wellness Programs
   • Return to Work and Transitional Duty
   • Other Indemnity Cost Containment Services
   • Directing Medical Care
   • Medical Cost Containment
   • Fighting Fraud and Abuse
   • Rehabilitating the Injured Employee
   • Managing Prescription Drug Use and Abuse Program
   • Claims Resolution and Settlements
   • BONUS CHAPTER! Federal Employees Compensation Act (FECA)

See Complete Table of Contents & Book Samples

Learn the Basics of Workers Comp

Types of Workers’ Compensation Insurance
How Losses Are Reported
Reducing Your Premium
Calculating Your Premium
How Mod Affects Your Premium
Good/Bad Mod Examples
Ways to Reduce Your Mod
Unit Statistical Date
Types of Insurance Structures
Voluntary Markets
Alternatives to Voluntary Markets
Collateral Requirements
Purpose of Workers’ Compensation
Who Pays for Workers’ Compensation
Parties Involved in Workers’ Compensation
Benefits for the Employer
Independent Contractors
Benefits for the Employee
Injuries Covered
Determining Compensability
Aggravation vs. Exacerbation
Standard Defenses
How Losses Are Categorized

Our Book Will Help You Answer These Questions:

Can you define the purpose of workers’ compensation?
Do you know who pays for workers’ comp?
Can you identify the seven main parties involved in the program?
What are the five benefits to the employer?
Do you know the 10 differences between an employee and an independent contractor?
What are four types of benefits paid to injured workers?
Can you distinguish between the various types of covered injuries?
How is a work-related injury defined?
What is the difference between aggravation and exacerbation of claims?
Do you know the difference between statutory coverage and employer’s liability coverage?
How does Federal Employee’s Compensation differ?
There are six ways losses are categorized. Do you know them?
How are losses reported?
What is meant by “mod” and how does it affect your premium?
Can you name the 13 types of insurance structures?

LEARN MORE: Benefits of the Book Based on Your Role & Responsibilities

Which Book Is Right For You?

If you need help deciding which book(s) will meet your needs best, please contact us.

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