Many small to mid-size employers do not believe they can have an impact on the premiums they pay for Workers’ Compensation coverage.  It is often viewed as just another liability or cost-of-doing-business.  Some attempt to reduce those costs by ‘funding arrangements’, i.e. high deductibles, self-insurance, retrospective programs, captives, etc.  While those may be important aspects to the liability analysis, individual claim costs and reserves are what drive the premiums. 

Some of what we do 

• Daily monitoring of all claims and ensure timely payment of benefits
• Proactive, frequent contact with the employee, treating physicians and insurance company
• Review reserves set by insurance company and participate with policy renewal process

P3HR can manage work related injuries from the time the injury occurs, to the time the claim is submitted to the insurance carrier and through to resolution.  The employee, supervisor, medical service provider and insurance adjuster can now have a resource, and an open line of communication, which ensures the claim progresses appropriately.  And, the employee returns to work as soon as possible.