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Why Loss Control?

WHY LOSS CONTROL AN INDEPENDENT STUDY SHOWS THAT LOSS CONTROL CAN EFFECTIVELY REDUCE WORKERS COMPENSATION CLAIMS COMPANIES "OUTCOME GROUP" ASSIGNED TO A LOSS CONTROL CONSULTANT FOR 2 OR MORE AVERAGE CLAIM RATE 1.24 per $10,000 COMPARED "OUTCOME GROUP" WITH A RATE OF 1.62 1.60 "INITIAL GROUP" "COMPARISON GROUP" AVERAGE SEVERITY CLAIM RATE 0.32 COMPARED "OUTCOME GROUP" WITH A RATE OF 0.48 0.46 "INITIAL GROUP" "COMPARISON GROUP" AVERAGE MEDICAL ONLY CLAIM RATE 0.92 COMPARED "OUTCOME GROUP" WITH A RATE OF 1.14 1.14 "INITIAL GROUP" "COMPARISON GROUP" AVERAGE LOSS RATIO 10% THAN THAT OF THE INITIAL "OUTCOME GROUP" AND COMPARISON GROUPS. STATISTICAL ANALYSIS INDICATED that differences among the groups CLAIM RATES (F=(2,206) 4.938, P=0.008] SEVERITY CLAIM RATES [F=(2,206) 8.208, P<0.001] A LOSS CONTROL SERVICE STRATEGY THAT PROVIDES SERVICE DEVELOPS FLEXIBILITY PARTNERSHIP EMPLOYER BETWEEN CONSULTANT HELPS FREQUENCY AND SEVERITY OF WORKERS COMPENSATION CLAIMS REDUCE IDENTIFIES AND REMOVES BARRIERS TO CONSULTATION SERVICE FLEXIBILITY TO ENHANCE SERVICE EFFICACY RSI WE HELP INSURANCE COMPANIES PREVENT LOSSES www.RSIREPORTS.COM 1-800-541-5496 /|/ info@rsireports.com FIND MORE DETAILS ON THE STUDY HERE: http://www.ncbi.nlm.nih.gov/pubmed/14992845

Why Loss Control?

shared by rsireports on Apr 16
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A loss control plan that involves site visits (Insurance Inspections) can lower Insurance claims by 10%.

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Business
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