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Shifting to large deductible workers’ compensation programs in staffing
Staffing companies are increasingly moving from traditional guaranteed cost workers' compensation (WC) programs to large deductible structures. The main reason for this shift is the potential for significant premium savings as WC costs rise. However, like any insurance plan, there are both pros and cons. This guide will help ...
This ain’t a Vegas pool party
The pool isn’t always fun and sun. If your staffing company’s workers’ compensation (WC) program is part of a state assigned risk pool, you're probably aware of the difficulties and headaches it brings. While there is variance in operations, advantages, and disadvantages among different state-run programs, the general consensus ...
How to effectively measure your workers’ compensation program
If you don’t measure it, you can’t improve it. Measuring various components to track and assess the status of a workers’ compensation program can be useful toward impacting an organization’s bottom line. Below are three examples of workers’ compensation components that, when measured, can be a good first step ...
