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National Workers' Compensation Score Tracker™
Your National Workers' Compensation Score™ is a key to successful implementation as you measure your progress in the critical areas over time.
Use the National Workers' Compensation Score Tracker™ to measure the specific WC Management components and how they affect your overall success rate.
- Use the National Workers' Compensation Score Tracker™ to show key indicators of your strengths and weaknesses in critical areas of Workers' Comp Management.
- When you make an improvement in your program:
• Retake the Best Practice Assessment • Receive a new National Workers' Compensation Score™ - All levels of management will jump on board when they see your National WC Score™ go up as your costs go down.
Reduce Your Collateral Requirements!
When your National Workers' Compensation Score™ improves, make sure your broker includes this information with your insurance submission for renewal or insurance bids. The carriers will want to know that you have made operational changes that will result in reduced workers' comp losses.
Operational changes won't result in reduced costs immediately, but you can use progress as shown on the National Workers' Compensation Score Tracker™ to get a lower insurance price.
Show your progress to a Collateral Officer to reduce your collateral requirements.
"Workers Compensation Management Program: Reduce Costs 20% to 50%"
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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:
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