CPEhr’s 2008 YTD Workers’ Compensation Report Shows Losses 75% Below State Average
Report shows CPEhr’s aggressive Risk Management and Safety services significantly impact clients’ workers’ compensation experience.
Los Angeles, CA, October 07, 2008 --(PR.com)-- CPEhr, a leading California Professional Employer Organization (PEO), recently released its 2008 year-to-date Claims Analysis Report for its Zurich Insurance Workers’ Compensation program. The program is running at a 13.94 percent loss ratio (the percentage of expenses paid for injuries and lost time to total premium paid) through September 2008. The average loss ratio for the state of California through June 31, 2008 is 55 percent.
Approximately 8,000 employees are currently covered by the Zurich insurance plan. Through aggressive and proactive Risk Management and Claims Administration Services, CPEhr has been able to successfully reduce the frequency and severity of workers’ compensation injuries at their clients’ worksites.
“The service we provide adds a layer of expertise for our clients,” stated Walter Robinson, CPEhr’s Director of Risk Management. “It takes both preventative loss control and the management of claims to be effective in reducing workers’ compensation costs.”
Robinson and the Risk Management team at CPEhr work with clients to proactively implement loss control programs within their organizations. This encompasses a wide range of safety services from OSHA compliance walk-throughs and written safety plans to safety equipment recommendations and on-site training for the staff.
“Our goal is to prevent as many injuries as possible,” said Robinson, “and mitigate the impact of an injury once it occurs. Simply put, we have the ability and expertise to manage claims toward a more favorable outcome.”
Clients report a significant impact to their bottom line, with benefits ranging from tens of thousands of dollars in premium savings to more productive staff and reduced experience modifications.
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About CPEhr:
Founded in 1982, CPEhr (www.cpehr.com) is one of the largest privately owned California human resources outsourcing firms. With 25 years’ experience in the California market, CPEhr has an advantage in its knowledge of statewide employment challenges. CPEhr provides a personalized service that extends to 35 states. CPEhr offers an array of integrated human resources services that includes: workers’ compensation administration, risk management, employee administration, human resources and labor law compliance, payroll and tax administration, benefits administration and compliance, and training and recruiting.
Approximately 8,000 employees are currently covered by the Zurich insurance plan. Through aggressive and proactive Risk Management and Claims Administration Services, CPEhr has been able to successfully reduce the frequency and severity of workers’ compensation injuries at their clients’ worksites.
“The service we provide adds a layer of expertise for our clients,” stated Walter Robinson, CPEhr’s Director of Risk Management. “It takes both preventative loss control and the management of claims to be effective in reducing workers’ compensation costs.”
Robinson and the Risk Management team at CPEhr work with clients to proactively implement loss control programs within their organizations. This encompasses a wide range of safety services from OSHA compliance walk-throughs and written safety plans to safety equipment recommendations and on-site training for the staff.
“Our goal is to prevent as many injuries as possible,” said Robinson, “and mitigate the impact of an injury once it occurs. Simply put, we have the ability and expertise to manage claims toward a more favorable outcome.”
Clients report a significant impact to their bottom line, with benefits ranging from tens of thousands of dollars in premium savings to more productive staff and reduced experience modifications.
###
About CPEhr:
Founded in 1982, CPEhr (www.cpehr.com) is one of the largest privately owned California human resources outsourcing firms. With 25 years’ experience in the California market, CPEhr has an advantage in its knowledge of statewide employment challenges. CPEhr provides a personalized service that extends to 35 states. CPEhr offers an array of integrated human resources services that includes: workers’ compensation administration, risk management, employee administration, human resources and labor law compliance, payroll and tax administration, benefits administration and compliance, and training and recruiting.
Contact
CPE HR, Inc.
Ari Rosenstein
310-734-4222
www.cpehr.com
Ari Rosenstein
310-734-4222
www.cpehr.com
Contact
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