First Injury reports are a very important document that memorializes each workers compensation accident. Some staffing companies, at their own peril, do not provide a First Injury Report if they feel that the accident was “too small” to make a big deal about. Also some staffing companies feel that if the insurance company knows about each little accident, their rates will increase.
While it is true that insurance companies do include the number of accidents in the formula for computing rate increases and decreases, First Injury Reports also puts the employee on notice that the insurance company is going to start their investigation of the particular accident immediately. When the employee knows you report ALL accidents, this discourages them from trying to involve lawyers in the claims process; which will inevitably increase the cost of the claim related to that particular accident.
Also, by demonstrating to all employees that First Injury Reports are created for all accidents, you will reduce the amount of fraud that may be attributed to your workers compensation account.
Please feel free to contact me with any comments or questions. For a FREE workers compensation quote, call 202-302-1212 or visit us at www.newcompquote.com
Best Regards,
David
www.StaffingCompSolutions.com