Work Comp Tip of the Week: Prep your Holiday Push!

Work Comp Tip of the Week: Prep your Holiday Push!

WC Tip of the Week: Prep your Holiday Push!

Christmas is less than 50 days away! Now is the time to comb through your claims inventory to look for C&R/closure opportunities. Have a stipulated case open for future medical care? Value the file and push for a lump sum settlement. Received an MMI report? Get it rated and contact the injured worker with settlement options.

When you call, make it clear that if everyone agrees on a fair settlement amount, they can receive their settlement before Santa makes his rounds, but they have to act fast! Put it in writing too! Include large, highlighted font in your settlement offer letter outlining your willingness to cut the check before they start their holiday shopping.

For litigated files, push for an informal settlement conference to get it resolved! No response from applicant attorney? (Shocker, I know) Try phone, email, text, or even sending A/A a LinkedIn message. Be sure to mention settlement in your message. AA’s have year-end targets too so get creative!

Don’t miss out on an opportunity to obtain that closure or settlement before year end. 

Note: For non-litigated cases, consider using an attorney or hearing rep to walk the settlement through. The one-time expense will be worth the additional reserves coming off the books!


Stephanie Makowski

Marine Insurance Program Management | Underwriting | Behind the Wheel Karaoke Singer | InsurTech | Transportation & Logistics Programs | Sales, Relationship Management | Chasing Greatness

6 å¹´

Best advise for the end of the year. Love how you tied Santa in there. ??????

赞
回复
Kevin Lombardo

Chairman, CEO & President at DORN | Injury Prevention Reimagined | Expert in Corporate Injury Prevention, Ergonomic Solutions, and Employee Wellness | DORNcompanies.com

7 å¹´

Great WC Tip!

赞
回复

要查看或添加评论,请登录

Josh Diggs的更多文章

  • WC Tip of the Week: Object to “Home Field Advantage”

    WC Tip of the Week: Object to “Home Field Advantage”

    WC Tip of the Week: Object to “Home Field Advantage” The first thing you should do after receiving a Notice of…

    4 条评论
  • WC Tip of the Week: Revisit your RTW program

    WC Tip of the Week: Revisit your RTW program

    It is a good idea to periodically assess your Return to Work program to make sure it meets your company’s needs. If you…

    18 条评论
  • WC Tip of the Week: Attend the deposition!

    WC Tip of the Week: Attend the deposition!

    Anyone who has dabbled in workers' comp knows that a deposition can make or break your case. The deposition is usually…

    7 条评论
  • Risk Managers: Workers' Comp topics wanted for upcoming Round table discussion

    Risk Managers: Workers' Comp topics wanted for upcoming Round table discussion

    Risk Managers: The next HIRMA (Hispanic Insurance & Risk Management Association) round table discussion is scheduled…

    1 条评论
  • Feel good WC story for Father's Day

    Feel good WC story for Father's Day

    A feel good story before Father’s Day: One of our injured workers (landscapers) was hit by a motorcycle and suffered…

  • Insurance professionals: Further your personal platform, join our ARM study group

    Insurance professionals: Further your personal platform, join our ARM study group

    If you are looking to expand your personal platform and career growth opportunities by obtaining your ARM (Associate in…

    1 条评论
  • Momentum vs Experience: Who will win the Fall Classic?

    Momentum vs Experience: Who will win the Fall Classic?

    The World Series begins today! It pits the New York Mets and their inexperience against last year’s runner-up, the…

    4 条评论
  • Wanted: WC Claims Advocate!

    Wanted: WC Claims Advocate!

    ATTENTION WC CLAIMS EXAMINERS: The Wooditch Company is seeking a Workers' Comp Claims Advocate to bolster its growing…

  • Several Workers' Comp Openings in CA...

    Several Workers' Comp Openings in CA...

    A good friend and a few WC branch managers have mentioned several openings for claims examiners (junior and senior…

    8 条评论

社区洞察

其他会员也浏览了