Search:

 

 

 

 

 

 

 

 

 

 

Website Design By: MMM Girls  Copyright to KGI 2003

 

 

Workers Compensation

Medical Only Claims are claims which the only payment is for medical costs.
Lost Time Claims are claims which include indemnity payments also.

 Did you know? FACTS!

  • Medical only claims make up the majority of workers compensation claims, totaling 77.9% of claim counts- but account for only 6.0% of loss dollars.
  • The average cost at 30 months of a medical only claim that stay medical only is $500.00.
  • The average cost at 30 months of a medical only claim that becomes a lost time claim is $21,100.00
  • South Carolina ranks fifth worst in the country for medical only claims that convert to lost time claims!
  • Carpal tunnel claims transition from medical only to lost time far more often than other types of claims.
SOLUTIONS

The best way to reduce costs for your workers compensation is to keep a low modifier.

The best way to reduce medical/healthcare costs for your company is to take an active role in the health of your employees.

You can accomplish this easily with a program that recognizes the costs associated with injury and the benefits of reducing and eliminating injury.  [Click Here to Learn More]

 

KYEL Group Program Benefits  

Versus Costs of Injury  

  • Production

  • Productivity

  • Work Quality

  • Employee Performance

  • Employee Morale

  • Training

  • Physical Comfort

  • THE BOTTOM LINE

  • Poor Performance & Error

  • Physical Complaints

  • Scrap and Waste

  • Lost Work Time

  • Recordables

  • Medical & Insurance Costs

  • Fatigue

  • Absenteeism & Turnover

  • Mental Stress