Control Workers’ Compensation Costs with the $15,000 Medical-Only Program
Posted by Brian Polick - Monday, December 3, 2007
Just another way to control your Workers’ Comp cost - The $15,000 Medical Only Program:
- BWC sponsored program which helps keep costs from appearing on your rating experience
- Will help keep rates and premiums lower despite claim activity
- Makes the employer the manager of medical only claims
- The employer agrees to pay up to $15,000 in medical costs per claim
- The employer can pick and choose which claims they want to be a part of this program
- The employer can also withdraw a claim from the program at any time even if they have not paid the full $15,000 yet
- The employer must pay all invoices in a timely manner
- The employer also must keep a payment log as the BWC can audit these files
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