Baron Healthcare Consultants can provide consulting services regarding WCB claims.

This includes disputing the acceptance of a claim, ongoing claim management in a way that mitigates claim cost, and cost relief. Claim costs affect a company's bottom line, and a single claim continues affect a company's premiums for three years following the injury.

Claim costs over $2,000 with no time lost are added to a company's experience rating rating, while claim costs under $2,000 with no lost time are not added to your company's experience rating. For any claim that there is a time loss (ie - a worker misses any hours of work related to their occupational injury or illness), all of the associated claim costs are added to the company's experience rating.

Determinate of a surcharge or discount is calculated by the experience ratio x participation factor x eligibility factor. The experience ratio is where the company's claim costs are factored in: employer claim cost ÷ Industry average claim cost .

Additionally, there is a participation factor that can protect companies from excessive surcharges. All of these calculations can be influenced with the way claims are managed from the moment they happen.

Baron Healthcare Consultants can review your experience rating and historical claim management, and work with your company to get claim management back on track, reduce your premiums, and protect your bottom line.