Pub. 3 2021 Issue 3

Members must continually keep in mind that their rebate and workers’ compensation premium are directly related to their claims experience. The better a member’s experience, the higher the rebate, and the lower the experience modification factor, translating to lower premiums. Preventing injuries from occurring continues to be the single most effective way to decrease workers’ compensation costs and increase rebates. Members who incorporate risk management controls into their business culture including: • providing regular recommended staff training, • performing slip and fall prevention, • having regular safety committee meetings and • complying with loss prevention recommendations, • have fewer losses and higher rebates than members who do not. When injuries do occur, members who: • immediately contact NHADA post-injury, • are actively involved in the management of claims, • maintain contact with the injured employee and • provide temporary alternate duty work as soon as the employee is released to return, • keep their claims costs to a minimum and enjoy higher rebates than members who are not actively engaged in managing their claims. Every member would like more money at rebate time, but it is those members who are attentive to the best possible hiring practices, preventing injuries and managing their claims costs who are the happiest when the checks are delivered. “Low Claims = Higher Rebate Check.” TM Leadership Development and Business Growth with Agility, Ease and Confidence If these barriers exist in your organization and you want to fix them, please contact Bill Napolitano now to schedule your Complimentary Strategy Session. Bill Napolitano 774-254-0383 | bill@resultsimproved.com www.resultsimproved.com Our clients work with us because we resolve the three greatest controllable barriers to scaling a mid-market organization: 1. The Leadership Gaps 2. The Lack of Consistent Organizational Discipline 3. The Lack of a Transformational Execution Methodology We Believe That You Deserve to Win — BIG IN ADDITION TO RETURNING OVER 40% OF PREMIUMS BACK TO MEMBERS IN THE FORM OF REBATES, THE WCT BOARD OF TRUSTEES HAS REDUCED RATES FIVE OUT OF THE PAST SIX YEARS. 7 N E W H A M P S H I R E