To effectively manage the rising cost of Workers’ Compensation, it is no longer enough to simply manage the claims. To successfully reduce costs, you must control the entire claims process: First, we identify any potentially high-cost claims. Then, we put a plan in place to shorten the amount of time those claims are open. Finally, we work to make the overall cost of those claims more stable and predictable. At Alper Services, our comprehensive approach to reduce the overall cost of your Workers’ Compensation claims includes the following:

• Prompt Care for the Injured Employee and Accelerated Return to Work
• Aggressive Management of Suspect Claims
• Minimization of Medical Expenses by Avoiding Unnecessary Medical Treatment
• Reducing Litigation Expenses and Settlement Costs
• Reducing Premiums via Ongoing Reserve Monitoring and Reduction
• Successful Closing of Stale Open Claims

“What are reserves?

Reserves are the insurance carrier’s estimate of
the medical and indemnity costs of a claim based
upon all known factors at any given time.

Why do they need to be monitored?

Reserves which are unnecessarily high raise a business’ total incurred losses, which has a detrimental impact on its experience modification. A high experience mod means higher Workers’ Compensation premiums.