Education: Key to Lowering Work Comp Costs

A.M. Best, in their Best's Review publication of March 1, 2003, ran an article basically concluding that risk managers today don't understand workers' compensation and that they need better education on the topic.The most important issues, according to the Best article, include return-to-work strategies, subrogation, and just the plain basics of work comp law.Stating that many companies are foregoing specific risk management positions in more difficult times, many untrained individuals are now finding themselves suddenly in charge of work comp programs with little understanding of the 'big pi...