Cost Containment Discount Made Simple

Cost Containment Discount Made Simple

There are many reasons Martin Insurance Group policyholders should implement Colorado’s Cost Containment Certification program. We created our unique Workers Compensation Six Point Strategy with Cost Containment certification as the centerpiece. We walk our policyholders through the Cost Containment Certification process and as a result, they often see a decrease in claims costs, a reduction in losses, and experience less severe injuries. The certification also makes policyholders eligible for a discount on their workers’ compensation premium. More importantly, certification demonstrates your organization’s commitment to protecting the safety and welfare of your employees.Colorado’s Cost Containment Certification requires that employers have a six-step formal safety program in place and document its effectiveness for one year. In addition to these steps, the following also must be kept throughout the year:

  • Safety orientation documentation for all new employees
  • Safety training documentation on (at least) a quarterly basis. (Martin Insurance Group recommends monthly safety awareness training to promote better safety awareness and to develop a good safety culture for your company.)
  • Accident investigation reports for all incidents reported, including corrective measures to be implemented
  • Documentation indicating the designated medical provider/s the company selected has been distributed to all existing and new employees
  • Documentation showing efforts towards instituting modified duty that conforms to the treating physician’s restrictions
  • Required documentation must be dated and signed

Keep in mind; you probably already have the majority of the components of the CCC program in place. If you have a solid safety program implemented and the program and its results have been well documented then you may have met some of the above requirements. Regardless, our staff can help with every step of the process. Just call our agency at 970-963-6161 and we will be happy to walk you from the beginning of the process to its completion.

Ready to get started?

Give us a call at 970-963-6161 or click below to schedule a complimentary assessment.