Blog - Lastest News from Work Comp Staffing Solutions
What Happens To Your Costs When the ACA Meets Workers Compensation?
There are basically 2 schools of thought on this issue. The first school of experts suggest that some workers compensation costs will decrease over time since comp costs will be shifted to ACA plans for the millions of workers who are covered under these new health programs. Which would be great for most staffing companies.
Managed Care Providers Are No Cure All for Lowering Workers Compensation Premiums
Most staffing companies learned long ago that sending a workers compensation accident victim to the emergency room is probably the most expensive way to deal with the accident. The expenses generated from having an emergency room treat the employee, are bound to be very expensive– even for minor injuries.
Work Comp Staffing Solutions Expands Staffing Consulting Services
Work Comp Staffing Solutions has specialized in workers compensation solutions for staffing firms for the last 7 years and is now expanding its services in to management consulting. I saw the need for this type of hands on and affordable management consulting in the staffing industry. Most recently I was asked by my PEO clients to help them control costs and operate more efficiently. Many firms these days have been suffering from a variety of operating issues including reduced margins because of increases in workers compensation and SUTA costs and as well as increased competition.
Professional Employer Organization Vensure, Provides Insights To The Staffing Workers Compensation Market
About a year ago Advance Payroll Funding President Adam Stern, asked Vensure Professional Employer Organization (PEO) about the workers compensation market. I recently re read that article from 2012, and felt that the information was even more relevant today than a year ago. I would like to share it with you via this link.
Workers Compensation Insurance Fraud — This Price Was Not Right
This US postal employee seemed to be enjoying the good life while she was collecting workers compensation benefits at her employer’s (the Federal Government) expense. This story/link describes all the fun physical activities she enjoyed while supposedly hurt, and how this abuse went on for years at Uncle Sam’s expense.
Vice President Biden Files Workers Compensation Claim
They say you can not believe everything that is on the Internet.. but I am not so sure about this. According to the Onion, Vice President Biden is collecting workers compensation benefits for spraining his back in the Rose Garden. The complete article is in the link below.
Workers Compensation Insurance Industry Beginning To Turn Around….VERY Slowly.
The link below discusses the improving trends in the workers compensation markets. While many carriers are still recovering from a period of poor returns between 2006 -2010, there does seem to be some encouraging signs recently that profits at the carriers have increased as a result of lower losses and higher premiums in most industry categories.
Social Media Can Help In The Battle To Fight Workers Compensation Insurance Fraud
The Ohio Bureau of Workers Compensation Commission (BWCC) was researching an employee’s workers compensation claim that she was not able to work because of her health issues following a work related accident. — for which she was collecting work comp benefits. A visit by the BWCC to her Facebook site and her other on line accounts indicated that she was on another job working, while collecting benefits.
Co Morbidity- And Its Effect On Your Workers Compensation Insurance Rates
Here is an excellent article about the “potential health risks” that your applicants may be bringing with them when they work with your agency. Co morbidity is a significant reason that medical costs are increasing in the workers compensation arena. For example, the US population is generally less healthy in terms of obesity than it was 40 years ago.
21 Millon Reasons Why One Company Should Have Used a Professional Employer Organization
While it is hard to generalize from one legal case, this one may help you to understand why partnering with a Professional Employer Organization (PEO) can save you time and money.
A Customer Service representative sued her employer after she was fired for having anxiety attacks which forced her to take time away from the job.
Work Comp Staffing Solutions Featured in Latest USSA Magazine
In the May/June issue, the United States Staffing Association has featured StaffingCompSolutions.com. The article focuses on the growing popularity of Professional Employer Organizations (PEO) as a solution to solving staffing companies growing workers compensation insurance challenges.
New Work Comp Staffing Solutions PEO Client Saved 150K (and their company) in 5 days
Last week an 8M AZ and PA staffing company contacted Work Comp Staffing Solutions with a big workers compensation insurance problem. His workers compensation insurance carrier, Dallas National, had non renewed them and the State Funds were their only possible...