Recent: Academy of Risk Management
Wednesday, May 29, 2013
Location:
Cedarhurst Center for the Arts, 2600 Richview Road, Mount Vernon, IL 62864
For more imformation, contact Carrie Wheeler 618.244.5800 or contactus@tedrickgroup.com
Workers’ Compensation Preferred Provider Program
Seminar attendees learned how to take advantage of this great opportunity to direct their injured workers into a “WCPPP”. The final rules just became effective March 4, 2013.
The WCPPP allows Employers to control direct care of employees who have had a workers comp claim. This will reduce medical costs, which in turn, will help reduce Experience Modification Factors. Bottom-line – this will reduce Workers’ Compensation costs for your business.
Featured Speaker:
David E. Kolb, President/CEO of HFN, Inc.
Experience Modification Factor Changes and how this affects your WC Premium
The National Council on Compensation Insurance (NCCI) announced its plan to increase the primary-excess split point over a three-year transition period. The first stage of the transition will take effect with each state’s approved rate and loss cost filing on or after January 1, 2013.
This experience rating plan change (filing E-1402) may have a greater adverse impact on some employers than any change made in the plan in decades.
Featured Speaker:
Chuck Schramm, MBA, CIC, CPCU, AAI, ARM, CRM