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National Workers' Compensation Management Score™

A Workers' Comp Best Practices Assessment

Best Practices apply to 99% of all situations, but sometimes terminology might be slightly different. Some businesses prefer to tailor or customize the assessment to be industry-specific or company-specific.

  • Corporations customize the assessment to fit their company's terminology.
  • Insurance companies customize the assessment to align with their unique underwriting requirements.
  • Associations and organizations tailor the terminology to their unique industry and/or state.
  • States and municipalities tailor the assessment questions and recommendations to discuss agency needs.

When you start the Workers' Comp Kit® program, you use the National Workers' Compensation Management Score™ module's Best Practices Assessment Survey to acquire your current workers' compensation score by answering questions in ten key areas. This sets a benchmark against which you can compare your future practices and improvements.

What is YOUR Workers Comp Best Practices Score?
  • Once you know your score, we help you develop an Improvement Plan to bring your costs down.
  • Then, based on your assessment results, you can plan improvements to reduce your costs.

For more details, read Areas of Assessment.


The National Workers' Compensation Score™

The National Workers' Compensation Score™ gives you an overall score, and you can see how you stack up to scores of other companies taking the assessment, or to other divisions in your company.

•   Find out where your company stands by taking the Workers' Compensation Best Practice Assessment.
•   This standardized assessment gives you a score and helps you identify your strengths and weaknesses in key cost control areas.
•   You get an immediate quantifiable measurement which pinpoints the gaps in your current program.
•   Use this information to design a Workers' Comp Management Program to regain control of your WC costs.

Additionally, companies that operate in multiple locations, whether 2 business units or 200, can use the Best Practice Profile Ranking feature to pinpoint individual problem areas. For more information, read Best Practice Profile Ranking.


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.


Still Have Questions About the Workers' Comp Kit®?

Why should my company be concerned about their workers' comp tracking score?

Is the Workers' Comp Kit® right for my company?

Find out the answers to frequently asked questions about our Best Practice Assessment Tool.



"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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