The Four Philosophies distinctive to the WCCA Method
1. Establish and control the claim at the time of injury. If possible, establish the claim within minutes of the injury. Unfortunately, most claims within the WC system don’t occur for 3-5 days or more, representing a huge impact on the cost of the claim.
2. Intensive Case Creation – means being in communication with the doctor, making reasonable accommodation for the injured in writing and getting the employee back to work … all within 24 hrs!
3. Control of the Case. We preempt the system, establish the case, then monitor and manage the Claim. We do not wait for the inflationary system to handle the case…Our motive and Method is to actively manage the claim and reduce your costs.
4. No Indemnity Cost is Acceptable. What does this possibility represent for employers?
Statistics show that eliminating indemnity cost reduces the claim cost by 75% In most states, those employers also experience a 70% discount on the impact on future cost. That’s a potential combined cost reduction of 92% on employers cost! WCCA consistently achieves a 6% as indemnity claims compared to the national average of 24% or more. That’s a significant decrease in insurance cost and risk to the employer.
Employer Benefits with WCCA Services:
- Reduction in Claim Frequency: Our Clients Decrease
in Claim Frequency Rate of 21%. - Reduction in Cost per Claim: Our clients experienced Decrease in Cost Per Claim of 51%.
- Reduction in Loss Ratio: With 95% certainty employers hiring WCCA experience A 30% Reduction in Loss Ratio.
- Client Experience with WCCA: Our average First Year Return on Investment exceeds 600%.