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OVERVIEW - WORKERS' COMPENSATION COST MANAGEMENT

The development and implementation of an aggressive and effective risk management program provides employers with an excellent opportunity to manage workers’ compensation costs.

An effective cost management program may include:

• Total claims administration
• Medical cost controls
• Rehabilitation services
• Claims investigation
• Safety program development, training and education
• An effective management reporting system

The five types of employers which can utilize these services are:

• State-funded employers
• Public employers
• Group-rated employers
• Self-insured employers
• Retrospective-rated employers