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Employment Law StrategistLJN NewslettersNewsSections

Reduce Workers' Compensation Costs

By Robert W. Seltzer and Steven A. Stramara
June 28, 2007

How do we keep score in Workers' Compensation? Typically, insurance carriers provide 'top-of-the-line measurements,' such as total number of claim dollars spent in a given year, average claims costs for medical-only claims and average claims costs for lost-time claims to employers. They may even break down some injury costs by department.

Not surprisingly, these metrics drive decisions. They become goals and measures of success. In fact, metrics on claims costs have become so predominant that companies often reward their employees based on them. If injury costs go down in a department, it is a good thing ' and supervisors and employees are rewarded. If they go up, it is a bad thing and corrective action is needed.

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