Workers’ Comp Mitigation
Save more with comprehensive workplace evaluations, better claim management, and lower premiums.
Stop spending on overpriced workers’ comp premiums and get money back for your business.
Get Money Back for Your Business
Are You Feeling the Effects of Workers’ Comp Inflation?
The current workers’ compensation system is inherently inflationary. Every player in the system — doctors, attorneys, employees, insurance carriers, insurance agents, and more — makes more money when claims cost more.
We believe business owners deserve better.
LG Resources partners with WCCA to provide workers’ compensation mitigation services. We offer comprehensive workplace evaluations and recommendations to help our clients save double-digit percentages on premium payments.
Let LG Set You Up For Success
Life-Changing Claim Management Results
LG Resources and WCCA are dedicated to making the workers’ compensation system work for employers, and it shows.
WCCA’s Claim Management system, The WCCA Method has been actuarially proven to reduce claim frequency by 21% and reduce cost per claim by 51% on average.
Our data indicates that on average, we decrease the impact of handled injuries on premiums by 68% in the first year.
How We Reduce Your Workers’ Comp Costs
Claim costs can get out of hand because they are largely a revenue producer for insurance carriers. In our case, every dollar in primary claim cost creates $2.75 in future workers’ compensation premiums.
We’ve found that we can reduce the impact of claims on your premiums by controlling the following things:
- Reserves. The cost used to determine experience ratings are total incurred claim costs, i.e. the amount paid plus the amount reserved for future payments.
- Fraud. Our team has 28 years of success in limiting fraud and created a pre-emptive measure for eliminating fraud.
- Indemnity Costs. Statistically, eliminating indemnity costs can decrease the cost of claims by as much as 75%. Furthermore, there is a 70% rating discount if the indemnity cost is eliminated from the claim.
- Elimination of claims. On average, 35% of the injuries we handle never incur any cost.
Our business model puts deflationary pressure on the system in four ways:
Adopting a business process outsourcing (BPO) model.
Hiring us is akin to hiring a fully staffed risk management department for workers’ compensation.
Removing financial responsibility to the system.
We contract with the employer.
Capitating our fees.
There is no activity-based incentive to drive up costs.
We provide a first year 100% ROI guarantee.
Get More Money Back For the Work You Care About
Too many businesses struggle to stay profitable because of high workers’ comp costs. We know there’s a better way, and now you do too.
When you have fewer claims and lower premiums, you have more to invest in your business priorities. Reach out to LG Resources today to start saving on your workers’ comp costs.
What Our Clients Are Saying
“LG Resources screening and training process has significantly reduced the turnover and consistently provides the highest quality of candidates.”
“The entire process was extremely simple and efficient. Everything was quick and easy and we were able to join a Zoom informational meeting within days.”
Bright Beginnings ELCChicago Business
“When I heard about the ERC program I reached out to my CPA. 30 minutes later he called and said I didn’t qualify. Out of curiosity, I had ERC Specialists see if I qualified. Turns out I received the ERC for 7 of my 9 employees. Highly recommended.”