Managing Risk and Reducing Workers’ Compensation Costs for Health and Human Service Organizations

Workers’ compensation is a totally unproductive cost of doing business. Organizations, nursing homes, community health centers and social service providers, derive no tangible benefit from the money they spend on workers’ compensation insurance premiums. It doesn’t inspire or motivate employees; it doesn’t reduce workload nor does it help your clients. This cost is unavoidable but it isn’t uncontrollable. At Stephenson & Brook we work at controlling and reducing our clients workers’ compensation costs.

Hospitals, community health centers, not-for-profits, social services agencies, and nursing homes have some of the highest workers’ compensation costs of any industry in the country. Enter Stephenson & Brook. Our job is to manage risk, contain costs and save money.

What will Stephenson & Brook do for you?

Policy Analysis and Cost Recovery: on a contingency basis, we will review your current workers’ compensation policy to insure the accuracy of cost driving details such as employee classifications, endorsements and modification factors. If mistakes are found, and past overcharges are determined, we are paid as a percentage of actual savings; if no mistakes are found, our service is complimentary.

Case and Claims Management: we manage your claims to reduce or eliminate their impact on future premiums. Simply stated, our objective is to shorten the settlement time and reduce the final claim amount.