Avoid potentially higher claims costs by reporting worker injuries immediately

When an employee is injured, time is of the essence when it concerns medical treatment costs. Studies show delays in reporting worker injuries often will increase the cost of a claim. A National Council on Compensation Insurance (NCCI) 2015 study reports occupational injuries showed the lowest median cost was $13,120 for claims reported within two weeks; add a reporting delay of similar in juries and claims costs rise 35 percent by week three, plus another 12 percent in week four. (NCCI used data…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news