We’re back for Part 2 of Reducing the Cost of Workers Compensation. This week, we will be discussing a few techniques that should be implemented in order to keep your premium low, post-loss.

It is no secret that a claim made on your workers compensation could affect your premium. Fortunately, with the right game plan in place, you may not have to worry about an increase! Our specialists at Wolpert Insurance are here to share a few steps that could help keep your premium as low as possible – even after a claim!

#1: Make medical attention a priority. If an employee is injured, it is crucial to provide necessary attention as soon as possible. The sooner this happens, the lower the risk of any long-term disability. Having a speedy recovery process in place can help keep premiums down.

#2: Fill out ALL FORMS as soon as possible. It is important to fill out an injury report and have it filed correctly. If you do not file a workers compensation claim in a timely fashion, you may be fined.

#3: Always maintain contact with all contacts. This includes the employee, the adjuster, the medical providers and any other parties that may be involved in the case. Always keep records of documentation throughout the process, too!

#4: Implement a Return to Work program. This may be one of the most important ways to keep workers compensation costs low. Job or tool medication may help an employee return back to work as quickly as possible. It can also help prevent injuries in the future.

As you can see, our agents at Wolpert Insurance want you to save on your premium as much as possible. It is our #1 goal to keep our clients satisfied with their Massachusetts workers compensation premium! If you follow these steps, you may be able to keep costs under control. We hope that you have enjoyed this series!