The state of Colorado has a certified risk management program that when implemented creates “Best Practices” for managing workers compensation insurance program. The state of Colorado mandates that insurance providers provide premium discounts for companies that successfully implement the Colorado Cost Containment Program. Our experience is, however, that even considering these discounts, the real savings comes from putting your business in the best position to (1) avoid workers compensation claims and (2) manage those claims for the lowest dollar possible.
The components of the program are:
- An organization wide safety program
- A safety committee
- Safety rules
- Ongoing safety training
- Designated medical providers
- Claims management
AutoRisk will manage the implementation of your cost containment program for any client whom has both their workers compensation and property and casualty insurance programs managed by us.