Workers Compensation Costs
A commonly held belief is that since the Employer pays a huge premium to an Insurance Broker for onward transfer to the Workers Compensation insurance company the Broker, as part of their service, will “manage” any of the Employers’ workers compensation claims arising.
NOTHING COULD BE FURTHER FROM THE TRUTH.
In practical terms where your business lodges on behalf of the claimant a formal claim with the Insurer the assistance you will receive from the Insurer or the Broker will be little to zero.
Moreover, Employers need to understand that if a worker is injured at your premises whether an employee or a Contractor, the Law maintains the presumption that YOU the employer- have been negligent.
It is then up to you to evidence the fact that the claimant or a Third Party has contributed a measure of negligence. And that you have taken all reasonable steps to eliminate or minimise the negligence. So that- for example perhaps, the incident was a “one-off” and beyond your reasonable control.
And here we arrive at the crucial word namely, CONTROL.
It is absolutely essential that you as the Employer remain in control of the whole claims management process, as far as possible. From start to conclusion.
We can assist you the Employer bring in to existence a CLAIMS MANAGEMENT PLAN that will ensure you the Employer monitor and control the passage of the claim so that as far as possible you minimise the COST IMPACT of the claim on your business.
This will commence with assisting you understand the CLAIM FORMS questions, identifying contributory negligence, evidencing this negligence on the part of the claimant and bringing this to the attention of the Insurer.
Plus we will assist you in establishing a claims management methodology that will ensure you the Employer remain in control throughout the claim’s process.
Find out more - by emailing our office.