The effective management of a Workers’ Compensation Program is imperative for employers, large and small and in every industry, whether they are State-Funded or Self-Insured.
The financial burden of an ineffective program can overwhelm an organization and position it at a competitive disadvantage for long periods of time. In short, Risk Management and Financial Expertise from a trusted TPA advisor are keys to long-term business success. That is why so many employers in Ohio and around the country engage the services of a TPA to guide their workers’ comp program.
The experts at Benefits 1 Group offer over 125 years combined financial expertise working with employers to assess their needs and explore the financial/risk options that are available. Once an initial assessment and strategy are discussed, an individualized plan is implemented to manage financial risk associated with an employer’s workers’ compensation program.
A range of TPA Risk Management options we present to employers includes:
- Experience Reviews and Forecasting
- Risk Financing Options
- Underwriting or Manual Classification Review
- Group Rating Analysis
- Retrospective Rating Evaluation
- Deductible Programs
- One Claim Program
- Drug Free Workplace
- $15, 000 Medical Only
- Self-Insurance Studies
- Premium Projections
- Settlements
- Handicap Reimbursements
- Safety Programs
- Consulting.
For more information on specific cost control options and what the Benefits 1 Group TPA Risk Management & Financial Expertise could mean for your business bottom line, contact us at 877-765-4200 or .