Cost Control
Driving Down Overall Costs
We measure our success in large part by our ability to control costs and reduce the total dollar amount encumbered by workers’ compensation and liability programs. The simple but powerful operating rules we follow to drive down claims costs:
Close Claims
- Fewer open claims = reduced reserves
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Fewer open claims = lower administrative costs
Responsiveness + Communication
- Lower litigation rates and overall legal fees
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Diminished life of the claims
Proactive, Aggressive Approach
- Fewer fraudulent claim submissions
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Greater denial rates
Regular Claim Reserve Reviews
- Appropriate reserve amounts based on current information
Total Focus on Claim Cost Reduction
- Commitment at all staff levels
- Awareness leads to innovation