Workplace injuries are expensive for the employee, and for the employer. The total cost of administrative expenses alone were $61 billion in 2020 according to the National Safety Council. Any reduction in the administrative costs can be applied directly to a company’s bottom line, and the right worker’s comp claims software is able to help. … Read more
Having the right type of workers comp claims management software can save organizations tens of thousands of dollars each year. It is important to understand the different types of workers comp software as they vary considerably based on price, features, infrastructure, and years in business. Workers compensation claims are expensive for employers. The total cost … Read more
In 2025, the landscape of workers’ compensation (WC) claims management is evolving rapidly. As more organizations turn to third-party administrators (TPAs) to handle claims, the importance of robust tracking systems has never been greater. This shift brings opportunities and challenges that employers must navigate to ensure compliance, efficiency, and employee well-being. The Rise of Third-Party … Read more
Incident intake portals work in conjunction with claims management software or workers comp claims management software. Incident intake portals are used by supervisors in the workplace to start the process of reporting an incident or claim. This includes workplace accidents that may become workers compensation claims, or property incidents that may become insurance claims. … Read more
There are several workers comp claims tracking options available today. With the possibility of increased claims due to COVID-19, it is a good time to look at options for tracking workers compensation claims. There are a variety of tracking options for claims tracking including: • Workers comp claims tracking software as a service • … Read more
It is essential for an organization to understand costs, risks and trends associated with the work force to be sustainable and profitable today. A workers compensation claims tracking solution addresses this need as it relates to workers’ compensation claims. It is no surprise in certain industries costs associated with workers compensation can literally make or … Read more
Effective insurance dashboards for commercial insurance provide current, actionable information about liability and workers’ compensation claims. The best dashboards provide drilldown capabilities that provide access to multiple levels of data, from a broad overview to specific claims. Insurance Dashboards are available as part of Recordables risk management software. Prevent Claims with Proactive Insurance Dashboards Commercial … Read more