One of your client’s best employees sustained an injury on the job and is going to miss three months of work as she recovers and rehabilitates. You can tell your client is very concerned about her well-being, the morale of her teammates, and how her absence impacts their business as a whole. The claim is being handled, but what can be done to ensure a smooth recovery and return-to-work process for the injured employee?
Your client is far from alone in this scenario. According to the most recent data available from the Bureau of Labor Statistics (BLS), private industry employers reported 2.8 million nonfatal workplace injuries and illnesses in 2019. Of those, 888,220 were nonfatal injuries and illnesses that caused a private industry worker to miss at least one day of work in 2019.
The National Safety Council reports that the total costs to businesses in 2019 resulting from work injuries was $171 billion. Insurance premiums and workers compensation is just one of those costs. The BLS says there are 3.4 workers comp claims filed for every 100 full-time employees. To save productivity losses, prevent injuries and get injured workers back to work more quickly, there are several strategies companies can implement.
There are many factors that play into how quickly a worker can return to his or her duties following an injury. Companies that can implement the following actions can get injured employees back to work quicker and face fewer productivity losses.
While there are basic return-to-work templates and outlines available for companies to use, having a tailored, streamlined approach to getting employees back to work as soon as possible following an injury or illness is most efficient. The following should be considered to do just that:
A fast return-to-work is desirable from the employer and insurer’s viewpoint, lowering claim costs for the insurer but benefiting the worker too. A streamlined RTW program can help employers better control the total impact and costs of workers being away from the job, while helping employees quickly recover both physically and financially from an illness or injury. It is critical to stay ahead of the curve and establish a RTW strategy, ensuring your business is ready to proactively address return challenges and take advantage of opportunities as they arise.
Foresight does just that by using technology to improve underwriting and lessen losses. By wrapping risk management technology and services into every policy, Foresight provides a path to lower incident rates and lower premiums for customers. Foresight’s easy-to-use app lets insureds submit a claim and contact a medical professional at the time of the incident.
We simplify compliance so your clients can focus on proper medical attention and incident response.