For many businesses, workers compensation insurance is a requirement in most states. Here are four ways to improve the annual EMR Workers Comp rating and lower your rates.
EMR auditors want to see a variety of financial and employment paperwork. However, documenting all the policies and procedures your company has taken to improve worker safety can actually work in your favor. It shows you’re being proactive about lowering your risks.
A risk assessment can help you determine where the risks in your company are. Once you know, then you can work toward implementing safety protocols to lower risks and decrease the number of claims filed.
Establishing a safety protocol with policies and procedures can help decrease your risks. Get all departments involved to create actionable steps that improve safety.
Getting the leaders involved ensures all departments have a say in how the safety is implemented and assessed in the company. The discussion should promote communication, efficiency, and adherence to the established or new policies and procedures.
Lowering your EMR Workers Comp rating saves your company money on the policy premiums, but also helps improve the overall employee safety within the business. These simple steps can work towards a company-wide safety improvement that improves the quality of work, workplace safety and lowers costs.