Workers Compensation in Elmhurst, IL and Surrounding Areas
Keep Your Employees Protected.
Technology Risk Manager understands the value of good employees. We know that your day-to-day operations depend on their hard work, expertise, and dedication, and if you supply them with quality benefits and plans, they can work with the peace of mind assurance that they’re properly protected.
But should an accident happen, having the right Workers Compensation plan from Technology Risk Manager can allow your business to ensure payments and cover expenses if an employee is injured from a work-related accident. Injuries can range from car accidents and back injuries to equipment malfunctions and, in some unfortunate cases, death.
Workers Compensation can cover financial obligations such as:
- An injured employee’s medical expenses/treatment
- The replacement of lost wages from injury time off
If your business does not offer Workers Compensation, serious injuries that occur on the job could lead to an employee suing your company for damages. That’s why it’s important to discuss your options with a specialist at Technology Risk Manager who can help you find the right coverage options for all your business needs.
Do You Really Know the Cost of Your Workers' Injuries?
Most business owners are unaware of the un-insured or hidden cost that are paid via bottom-line profits. The insured costs are only a small portion of the problem. We help to identify not only the insured, but the hidden costs that are impacting your bottom-line. TRM process is a cost-effective way to quantify and qualify these costs in turn identify problem areas and develop cost-effective solutions to reduce costs and increase profits.
Worker’s Compensation rates are trending down, but experience modification factors are on the increase. Have you ever asked how could this be happening and what can you do to get this under control? The experience modification is controllable if you understand it and what’s driving it. We use a process to evaluate the experience medication for its accuracy, and identify any key errors in the mod calculation and potential hot stops in your operations that contribute to it.
At TRM we’ve partnered to develop what we call M.E.W. - A More Effective Way to work with OSHA pre-and post-inspection, including the citation and penalty phase. In August 2016, OSHA increased their penalties. Most business owners turn around and typically pay the penalty without discussion in hopes the problem will just goes away. Just a little secret - when you do this you are now on probation for the next five years - this is where M.E.W. can make a total difference with the outcome with OSHA.