While every business in Orange Park, FL is required to carry workers compensation insurance, the folks at First Florida Underwriters Inc want you to know that it offers more fulfilling a legal obligation. When managed correctly, your policy can end up saving you cash in the long run.
Employees Fully Complete Treatment Before Returning to Work
When a workers comp claim is opened due to a verified injury at work, your insurance company will work with your human resources department and the medical professionals to come up with a complete plan to return your employee to health. After completing any treatment in the hospital and all rehabilitation that is prescribed they can return to work. Meanwhile, the employee is also provided with a steady income that minimizes the financial impact of the injury to their family. There is a much smaller chance that they will come back before they are able, which can result in a more severe injury and cost even more in treatments.
Transitional Duty Eases the Return
You will also participate in a transitional duty program as part of returning the injured worker back to the job. Whether they only work a few hours a week at first or are completing some administrative tasks, it helps to maintain a positive relationship. Happy employees will stay longer, which lowers the cost of hiring and training new staff.
Helps You Improve Safety to Prevent a Recurrence
Finally, when you encourage your employees to utilize the worker’s compensation insurance in Orange Park, FL, it is an opportunity for you to document any unsafe conditions in the workplace and address any deficiencies. You will have a lower rate of injuries in the future, which translates into more savings on insurance premiums and hiring temporary staff.
If you would like to learn more, give the folks a call at First Florida Underwriters Inc to set up an appointment today.