A Certified WorkComp Advisor Can Help

Workers Compensation is one of the most misunderstood and mismanaged coverages in business insurance.  Virtually all businesses have it, but very few have control of it.  With 80% of all Premium Audits containing costly errors and 90% of all Experience Modifications being mismanaged - it only makes sense to deal with a specialist.

The Institute of WorkComp Professionals trains Certified WorkComp Advisors (CWCA) to know the entire Workers’ Comp System. They know that each part is riddled with potential errors––audit, Experience Modification factor, back-to-work programs, employee classification, injury handling and more.

With more than 600 different employee classifications, is it surprising that errors occur? What is surprising is that most insurance agents don't catch them. But they don’t because they’re not trained to find them, causing employers to pay more for Workers‘ Compensation Insurance than required.

Certified WorkComp Advisors are required to keep up-to-date on the many rule changes and to continue their Workers’ Compensation education to maintain Certification.  JJ Wade & Associates is one of fewer than 300 agencies nationwide that is trained to locate errors and lost dollars in your Work Comp program.

Contact: H. Garrett Droege, CWCA, CRIS, CLCS for more information

A Certified WorkComp Advisor offers these benefits:

• Identifies errors and submits them for correction

• Locates Experience Modification mistakes and follows up to correct them

• Verifies audit to identify and correct mistakes and errors in preparation for insurance company auditor

• Obtains refunds for "Money left on the table"

• Helps employers establish a process for reducing costs and eliminating future errors

• Helps employers in the hiring process, where Workers' Compensation problems start

• Works with the employer to prevent the causes of injuries

• Creates a process to get injured workers back-on-the-job quickly and fairly

• Knows and understands the complicated Workers' Compensation system

WorkComp does not pay for employee injuries. You do!

Once you understand that you write the checks for your employee's injuries, you realize how critical it is to have a proven process in place when an employee suffers an injury.

Claims adjusters are buried under heavy caseloads. Add Managed Care to the mix and your employee's injury management is often outsourced to a case management company.

You just can't notify the insurance company your employee was injured and expect them to handle the case properly. You must have a proven process in place to minimize the cost of the injury and expedite your injured employee's return to work.

Fact: You pay $2 to $3 back to the insurance company for every dollar you pay out for your employee injuries. Each injury results in the most expensive financing contract you have in your business.