Samuel Hale Cures California Work Comp CLAIMITIS
Historically,
- Last year,
California employers paid more in frictional costs than they paid to reimburse employees for lost wages. - One in four lost-time claims are reported late – over one year past the date of injury.
- In most states, medical costs represent 70 percent of overall claim costs. In
California , medical costs only represent 49 percent of overall claim costs. - The cost to adjust claims in
California is roughly twice that of the cost to adjust claims in other states.
In the past, some employers found relief with traditional methods of loss control, improved communications with employees, and by implementing a safety culture. However, little could be done to reduce the artificial inflammation of workers' comp claims known as CLAIMITIS.
Now, there is an effective solution – thanks to a new program from
"Our program is designed to get better outcomes for injured employees and to eliminate claims that have no merit quickly. The carve-out allows disputes to be resolved with little to no frictional costs using a commonsense approach and allowing for better communication and support. Injured workers get their benefits and get back to work faster and employers save a tremendous amount of money," says
Employers and brokers who would like to learn more should visit samuelhale.com.
About
Contact:
(855) 726-4253
View original content to download multimedia:http://www.prnewswire.com/news-releases/samuel-hale-cures-california-work-comp-claimitis-300985272.html
SOURCE Samuel Hale


Accountable Care Coalition of Southeast Texas Generates $15.6 Million in Shared Savings over Two Years under Next Generation Accountable Care Organization Model
Jack Lyons Joins LISI as the Director of Sales
Advisor News
- House panel advances CLEAR Forms Act backed by IRI
- Modifying life insurance based on evolving needs
- Gen X faces ‘pension envy’ as they head into retirement
- Your client wants to cash out an annuity. Here’s what to consider
- How student loan debt impacts 401(k) balances
More Advisor NewsAnnuity News
- A-Cap strikes back with lawsuit accusing SC regulators of sloppy process, leaking secrets
- AM Best to Discuss Its Views on Private Credit Surge and Risks at 2026 NAIC/NIPR Insurance Summit
- OID recovers $260M in life insurance benefits
- NUNN BILLS TO COMBAT PAYMENT SCAMS, CUT FINANCIAL RED TAPE PASS FINANCIAL SERVICES COMMITTEE
- SS&C Black Diamond Expands Annuities & Insurance Marketplace with New Insurance Capabilities and Carriers
More Annuity NewsHealth/Employee Benefits News
Life Insurance News