WORKERS' COMPENSATION

“Preventing losses, minimizing claims, controlling premiums"

Working with your company to prevent losses through safety and employee education, reduces the likelihood of claims, which ultimately drives the cost of your program down. We:

• Develop and support your workplace safety program
• Extensively research losses for fraud, appropriate employee care, and recovery.
• Oversee and advise on adjustments of claims to reduce the financial impact of future program costs
• Provide detailed monthly update status reports on all open claims

This allows us to aggressively negotiate with past and present carriers, reduce reserves on open claims, as well as close claims, which results in a lower experience modification factor.

Programs

Many workers' compensation cases become tremendously expensive for employers because of the types of programs - or lack of program planning - at the time of policy implementation. Foy & Associates develops customized action plans from claim prevention and emergency response to clinical protocols and claims cost management. This provides the optimum outcome for the employer and the injured employee.

Claims Management

Effective claims management can be as impactful to the cost of your program as claims prevention. Foy & Associates takes an active and aggressive role in mitigating lost time, inefficient and inattentive claims processing, thereby achieving employee restoration.

Training & Education

The greatest programs can go awry without the proper training and education. Foy & Associates is able to educate your key staff on workers' compensation regulations and laws in order to bring them to a better understanding of how HR and management decisions can mitigate or aggravate claims and future workers' compensation premiums.