Managing claims that involve catastrophic injuries must be done with extreme care and precision. The overall stakes of this category of claims are significantly higher as the injuries are serious and the costs are expensive.
Implementing best practices of catastrophic claim management will yield positive results as this category of claims has an immense impact on the lives of injured workers, their families, the workplace environment, and the company’s bottom line.
Michael Stack is founder and lead trainer of Amaxx Workers' Comp Training Center. He is an experienced risk consultant and co-author of Your Ultimate Guide To Mastering Workers' Compensation Costs.
He works with clients to develop benchmarking comparisons, assess key cost drivers, structure strategies, and design training to reduce workers’ compensation and risk management costs.
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