COMP CARE LITE IS METROPOLITAN RISK’S WORKERS’ COMP COST CONTAINMENT PROGRAM FOR SMALL BUSINESSES
Are workers compensation claims killing your profits? Is your experience mod above 1.0 and rising? Don’t worry, Comp Care Lite can help! Comp Care Lite is the only program of its kind and it is growing FAST (scroll down to see some of our satisfied clients). For many companies in high risk industries, workers’ comp is a HUGE pain point. Costs often escalate very quickly, and business owners often don’t have anywhere to turn for quality answers. Due to this, we’ve seen companies overpay by hundreds of thousands to millions of dollars per year! No exaggeration!
Comp Care Lite was built to help small companies contain their workers compensation costs, ultimately achieving cost efficiency & consistency.
When you schedule a consultation, you can easily do this by clicking the button to the right, we start our potential engagement. By doing a free analysis of the money that is out there for you, we find out if you are a good fit. We are not in the business of taking on clients who won’t find value in working with us. It’s not good for business!
If we decide to work together, we begin with an assessment of your current program. We benchmark ALL your current costs (direct & indirect) and strategy, analyzing where you are strong and where you are weak. We will issue you a Comp Care Lite blueprint and train you, your supervisors, and even your employees on best practice protocols.
Meanwhile, our Claims Advocates dive in on all of your open claims seeking opportunities to improve outcomes and reduce your reserves as this is essential to a lower experience mod. We don’t make false promises. It’s going to take time, effort, and a commitment to doing things the right way. Workers comp is ultimately about good company culture, after all. But after one to two years, your efforts will pay off and your ROI should be substantial. In fact, we’ve never had a client sign on to Comp Care who didn’t get a return on their investment after two years. Add on premium recovery (Comp Check), and credits you are likely missing, and you will end up with a lower cost structure. a competitive advantage over your peers, and peace of mind knowing you invested in the safety of your company and your employees.
COMP CARE ASSESSMENT AND BLUEPRINT
When you sign with us, we take your goals, and come up with a customized strategy to achieve them. A couple key leaders in your organization will take our Comp Care Lite assessment so we can get an idea of what you currently do well. We then match that with best practices to come up with a blueprint for your first year in the program. By selecting items that will have the quickest and biggest impact on your costs, we can ensure a successful first year. These items go in to your customer portal so we can hold everyone accountable (both in our firm and yours). We also benchmark all your direct costs (premiums) and indirect costs (deductibles, etc.,) to make sure we are truly improving your costs, and if not, we will find out why not.
LOSS CONTROL (PREVENT)
- A customized safety plan & manual
- OSHA compliance process
- On-site loss control inspections to look for opportunities to decrease preventable incidents
- Driver safety program available
- Return to work programs to decrease the cost of a claim
- Supervisor training
- An accountability system in our risk management portal that measures both leading indicators (e.g., safety program activities & loss control visits) and lagging indicators (e.g., number, cost, & cause of claims) for each of your locations.
DAY OF PROTOCOLS (LEARN)
Having protocols for the day an injury occurs is essential to cost containment. First and foremost the priority is taking care of the employee. Whether that’s through an occupational medical center, nurse triage, etc. After that, it’s about gathering necessary evidence and witness statements, then finally getting everything reported in a timely manner.
ThinkHR- HUMAN RESOURCES IN THE CLOUD
Metropolitan Risk Advisory has partnered with ThinkHR to provide you with a powerful and effective way to make quick, accurate and intelligent decisions when it comes to urgent HR situations. Now you can experience what businesses across the country are calling the best HR resource they’ve ever used, including advice and guidance from real live HR professionals.
Click on ThinkHR’s logo, located to the right, to find out exactly how this great service will complement your current needs.
CLAIMS TREND ANALYSIS (MEASURE)
For companies with many projects or locations it can be a daunting task trying to keep track of all your policies and claims, let alone which locations are having too many back injuries, which are having too many slip & falls, etc. When you use our system, that is all automated. Simply log in 24/7 and see a summary of all your claims data throughout the years. We can break down your claims based on many types of criteria, even by location of injury (body part). This allows you to take insightful steps towards improving your safety and costs.
To measure is to know.
When you sign with us, we will curate a custom set of tools for you that will take your risk management to the next level. For example, Metropolitan Risk can design a completely unique safety handbook for your employees and managers to go by. Risk management starts with modifying behaviors in accordance with the goals you set when we lay out your personal blueprint (see Loss Prevent above).
Coming Soon for iOS and Android – A NEW WAY TO MANAGE RISK
Our new mobile application will offer you the fastest and most convenient way to report claims. The app can rapidly locate medical facilities, report injuries, report property damage, report auto accidents, and even report safety hazards.
Remember, how quickly you report an injury is directly correlated with cost.
ANNUAL CHECK UP
Metropolitan Risk ensures lasting success. With our yearly check-up, our dedicated staff makes sure that we’re on top of your account. This check up includes:
- Loss History Evaluation
- Mod Analysis
- Audit Verification (Audits frequently have errors, the ones we find could mean a check in the mail for you)
- Lowering premiums
With Comp Care Lite you get this fantastic feature, along with all of the ones listed above.
Download Your Free Guide Here!
What’s it cost?
Pricing for the program is contingent on scope of work, complexity, number of open claims, # of employees and locations.
Do you have to be our broker? For Comp? For Everything?
No. While we can take over your entire insurance program, or just a piece of it, we do not have to if it doesn’t make sense. We have many clients we just do risk management for.
Will Comp Care help us get out of the State Fund, or Assigned Risk?
Absolutely. That is one of its goals.