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Benchmarking Report

Benchmarking is another way to measure the success of your Workers' Comp Management Strategies. Use benchmarking to establish a baseline.

  • Benchmarks help you determine how well your company is doing and how much you can save.
  • Find out if your company's losses are higher or lower than the national average - this affects your approach to workers' compensation cost containment.
  • Pinpoint your strengths and weaknesses by inputting your company data and generating a Benchmarking Report instantly.
Workers' Comp Benchmarks for 14 Key Industries
 

We have benchmarks for 50 states,14 industry groups and all industries combined.

Our industry groups include:

  • Banks
  • Consumer Discretionary
  • Consumer Staples
  • Education
  • Energy
  • Government & Non-Profit
  • Healthcare
  • Industrials
  • Information Technology
  • Materials
  • Non-Bank Financials
  • Professional Services
  • Telecommunications
  • Utilities

We develop benchmarks using a variety of data sources on an aggregate basis. This provides a framework enabling companies to compare their own total experience, and changes in that experience, over time. The goal is to provide relative indicators as to where injury management efforts can yield the most impactful results.



 


VIEW SAMPLE
BENCHMARKING REPORT

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"Workers Compensation Management Program: Reduce Costs 20% to 50%"

To learn more about how to lower your workers compensation expense, read the guidebook from Advisen and the Workers Comp Resource Center, Workers Compensation Management Program: Reduce Costs 20% to 50%, which covers the following:

•   BONUS CHAPTER! Process Overview for Workers Compensation Managers
Workers Compensation Basics
•   Fundamentals of Cost Containment
Best Practices Roles and Responsibilities
Management Commitment
Employee Communications
Controlling Fraud and Abuse
•   Return to Work and Transitional Duty
Claim Reporting
•   Other Indemnity Cost Containment Services
•   Directing Medical Care
Medical Cost Containment
Physical Therapy & Physical Rehabilitation
Pharmacy Benefits Management
Training Supervisors
Working with the Insurance Company and TPA
•   Claim Resolution and Settlement
•   Safety and Loss Control

Workers Compensation Management Program 2012: Reduce Costs 20-50%
Learn more about the comprehensive guidebook from Advisen and the Workers Comp Resource Center: Workers Compensation Management Program: Reduce Costs 20% to 50%.

Learn more: Workers Compensation Management Program: Reduce Costs 20% to 50%
Learn more about included documents, bulk pricing, and custom imprinted covers for brokers, carriers, and associations.



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