Drug costs to rise faster than other workers' comp expenses.

Understand the costs involved in workers' compensation insurance and get suggestions on how to reduce your expenses in terms of employee risk management.

Workers' compensation is one of the fastest growing components of employers' expenses, and health care costs are the leading source of workers' compensation cost increases. Workers' Compensation: Health Care Cost Containment highlights the importance of many issues surrounding health care costs and addresses the issues about why costs for workers' ......

Workers' compensation rates are increasing, and that trend is likely to continue-- based on indicators such as high insurer losses and rising medical costs. For employers, the financial fallout from safety risks can be significant. In addition to workers' comp costs, the federal Occupational Safety and Health Administration (OSHA) can ......

Occupational health programs can generate new revenue Nothing forces a hospital to respond to its bottom line more quickly than a close relationship with the business community, where response to profit and loss is second nature. Developing tightly managed occupational health programs can provide new patient volumes and revenue sources ......

Most employers have seen their workers' compensation costs continue to rise for more than six years, regardless of whether their programs are fully insured, guaranteed-cost or self-insured. So vexing are the problems that 35 states enacted reforms to their workers' compensation laws in 2006 alone. [ILLUSTRATION OMITTED] In 2007, ......

Indiana employers have the right to choose where their injured workers can go for treatment. And being an employer's-choice state has helped Indiana maintain some of the country's lowest worker's compensation costs. "Indiana is a managed-care model, and everybody's moving to managed care because it's a way to reduce costs," ......

Back to Work About $56 billion. That's the estimate of what it cost U.S. companies in 1989 for worker's compensation and lost productivity as a result of medical problems. Employers obviously are concerned about their workers' on-the-job safety and the rising cost of worker's compensation insurance. Add in the costs ......

If employees are driving their own cars recklessly, imagine how they're driving your company vehicle.

We must be prepared for a violent incident in our practice. There are steps that every practice should take for the general safety of our employees and property.

How are your retirement savings?

Over the past several years, Harvard Business School prof Michael Porter, probably the leading thinker in the area of business strategy and competitveness, has been working in the area of healthcare. Last year, he and his colleague Elizabeth Olmsted Teisberg of the University of Virginia published "Redefining Health Care". (We ......