Employers pay an estimated $1 billion per week for direct Worker’s Compensation costs alone, according to the Department of Labor. The costs of workplace injuries and illnesses include direct and indirect costs. Included in direct costs is Worker’s Compensation payments, medical expenses, and costs for legal services. Indirect costs include training replacement employees, accident investigation and implementation of corrective measures, lost productivity, repairs of damaged equipment and property, and costs associated with lower employee morale and absenteeism.
As part of our commitment to help clients get control of the expenditures related to on-the-job injuries and illnesses, Sinclair Risk & Financial Management conducts a thorough claim review to pinpoint injury trends for prevention strategies and offers programs to help employees once injured. Our goal is to help prevent injuries in the first place and manage them once they do occur so that you can reduce the costs your business incurs.
Our Risk Safeguard Advantage program includes injury management that provides you with:
- Claim Review – We’ll conduct a thorough analysis of your claims history to implement action plans to prevent injuries, stem losses, and dramatically impact your loss profile and pricing.
- Return to Work – We’ll implement programs to get your employees back to work on as possible to promote productivity back and help contain expenses for your operation.
- Pre/Post Injury Management – We’ll work with you and management to establishing procedures and rules for employees and supervisors to follow in the event of a workplace injury.
Offering support, strategies for workplace injury management.
Please give Sinclair call at 203.265.0996, or email us to discuss your loss control, claims management, and Worker Comp programs to find out how we can help you manage costs and stem injuries.