Moore: 10-Year Workers' Comp Claims Report Card

Tuesday, August 22, 2023 | 0

What does one have to pay for a 10-year workers' comp claims report card including each year’s report? The answer is gratis.

James Moore

In 2015, I was invited by Peter Rousmanierre to what he called a workers' comp think tank in Chicago.

The think tank included C-level risk managers from McDonald's, Wal-Mart and other large corporations. The think tank was hosted by Rising Medical Solutions. 

Other than the large workers' comp conferences, I had not seen that number of risk managers from larger companies in one room at one time. An in-depth report was produced from the chalkboard meeting.

Last year, Rising Medical helped me out of a tight spot with the info that I needed on a rather quick basis.

Eight years later

I recently received an email to sign up for the 2022 10-Year Workers' Comp Claims Report Card. I signed up to pre-order the report, and I recommend that you do the same. Rising Medical will not spam you. The link is here.

My favorite was the 2019 report where the frontline claims adjusters were asked their opinions versus the risk managers. If you sign up for the complete set, the 2019 report will be included in the download links. 

Comparing C-level risk managers’ perceptions with the claims adjusters’ was priceless.

The graphic below shows some of Rising Medical's overall results of the 10-year workers' comp claim report card. As one can see, a few surprising results came from 10 years of studying workers' comp risk management, including progress areas, persistent challenges and significant performance variables.

I will circle back and write another article on the 2022 claims report card when it is released later this year.

This blog post is provided by James Moore, AIC, MBA, ChFC, ARM, and is republished with permission from J&L Risk Management Consultants. Visit the full website at www.cutcompcosts.com.