Understand the interworking of the workers' compensation premiums, audits, claims, and other important details that can help you lower cost.
This topic will provide you with an enhanced understanding of the workers' compensation insurance system. If you are running a business with employees, you will have to have workers' compensation insurance to protect the organization from potential injuries of the workers. The injuries, real or alleged, need to be adjusted by the workers' compensation insurance carrier and each state has its own workers' compensation law. The cost of injuries has a direct impact on the cost of coverage. So, the more you know, the better decisions you can make.
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Why Lorman?
Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
The Workers' Compensation System
- The History of Workers' Compensation
- The Governing Body of Workers' Compensation
The Workers' Compensation Policy
- What Workers' Compensation Covers
- What Is Not Covered
How Workers' Compensation Rates Are Made
- How Are Premiums Calculated?
- How Can You Reduce/Control Costs?
Reducing Costs
- Final Premium Audits
- Experience Modification Factors
Workers' Compensation Cost Control
- Class Codes
- Safety Programs
- Claims Management
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Why Lorman?
Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on January 14, 2021.
Call 1-866-352-9540 for further credit information.
HR Certification Institute 1.5
- This E-Learning program has been approved for 1.5 (General) recertification credit hours toward aPHR(TM), aPHRi(TM), PHR®, PHRca®, SPHR®, GPHR®, PHRi(TM) and SPHRi(TM)recertification through HR Certification Institute® (HRCI®). For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.
SHRM 1.25
- Lorman Education Services is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.25 PDC(s) for the SHRM-CP or SHRM-SCP.
To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.
- Those applying for AIA and HRCI must view 100% of the program and answer the questions following the program.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Chris Conti
RiskWise Safety Consulting LLC
- Owner/President RiskWise
- Practice includes safety, insurance and claims
- RiskWise has many articles available to inform readers on OSHA safety, risk management topics and labor
- Member, American Society of Safety Engineers (ASSE); Society of Chartered Property Casualty Underwriters (CPCU); Committee Member of the Loss Control Section Society of CPCU
- Board Certified Safety Professional (CSP); associate in Loss Control Management (ALCM); Chartered Property and Casualty Underwriter (CPCU); associate in Risk Management (ARM); Certified Insurance Counselor
- B.S.B.A. degree; graduate of the University of Louisiana at Lafayette (formerly USL)
- Can be contacted at 225-413-7542 or [email protected]
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More Program Information
Why Lorman?
Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
All of your training, right here at Lorman.
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