Benefits of Working with a Certified Workers Compensation Specialist (CWCS)
When you elect to obtain your workers’ compensation coverage through a Certified WorkComp Advisor (CWCA) like the certified CWCAs of JDA Insurance Group, you are signing on to work with an insurance consultant with advanced training to represent your business’s best interests. The trained insurance professionals at JDA Insurance Group can assist your business reduce its overall workers’ compensation expenditures and proactively monitoring any claims to ensure they are resolved quickly and expeditiously.
What is a CWCA?
Insurance representatives who hold the CWCA distinction receive additional training specific to the workers’ compensation industry from the Institute for WorkComp Professionals, the country’s largest workers’ compensation industry organization for insurance professionals. Fewer than one thousand insurance professionals nationwide have completed the rigorous training necessary to call themselves a CWCA.
What is the role of a CWCA and how can a CWCA save my company money?
- CWCAs are a business’ advocate regarding workers’ existing compensation claims, serving as your business’s liaison with your workers’ compensation insurance carrier.
- CWCAs ensure that your company is both well-represented and protected in the timely adjudication of all workers’ compensation claims. CWCAs ensure that businesses save money on pending claims by doing the following:
- Regularly reviewing all outstanding claims to ensure an insurance carrier is not charging your business for a claim that should be resolved and closed
- In addition to assisting an employer in controlling costs on the back end when a claim has been made, CWCAs also can assist employers on the front end in the following ways:
- Guiding the employer in the hiring process
- Taking proactive steps to reduce the occurrence and severity of injuries in the workplace
- Establishing relationships with the best healthcare providers for any workplace injuries that do occur
- Designing and implementing an injury management system
- Ensuring injuries are immediately reported and treated significantly reduces workers’ compensation costs
- This results in less lost time and a lower Experience Modification factor score, and thus lower workers’ compensation premiums
- CWCAs assist in preparing clients for an annual workers’ compensation audit, ensuring a clean and error-free audit
- Ensuring injuries are immediately reported and treated significantly reduces workers’ compensation costs
How Can JDA Insurance Group Help My Business Save Money in Connection with Workers’ Compensation Costs?
John Duran, one of the Partners in JDA Insurance Group has gone the extra mile to become trained as a CWCA, we can recognize errors and mistakes in your business’s workers’ compensation program, which can significantly reduce your business’s overall workers’ compensation expenditures.