Self Insured

CSI can assist in transitioning to self insurance or administer your current program.

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Self Insured Administration

Rising health care costs, expanded benefit levels and liberalized legal interpretations have made workers’ compensation a major obstacle to profitability.  Many companies are turning to the self-insured option to take charge of rising costs.  As a self-insured employer, a company can realize increased cash flow retention, decreased administrative costs and improved employee morale.

Program Implementation

Claim Frequency and severity is a function of several related areas: proper medical treatment; and a thorough understanding of the disability management process.

CSI has developed an extremely effective modular approach to the complex problem of rising workers’ compensation costs. Each related area is examined as part of the systematic evaluation process.

Claim Management Services

  • Staff Training
  • Claim seminars
  • Review of accident and post-injury procedures
  • Routine audits of open cases
  • Coordination of rehabilitation services and transitional work assignments
  • Independent medical exams, case management procedures, and claim settlements

Excess Insurance

Recovery and Subrogation

Pharmacy Benefits Management

  • Coordination of Ancillary Services
  • Coordination with Managed Care Organizations (MCO’s)
  • Extensive network of resources
  • Corporate legal counsel
  • Private investigative firms
  • Facilitation with the Industrial Commission
  • Coordination with the Bureau of Workers’ Compensation

Rehabilitation and Vocational Experts

  • Personnel consultants

Reporting

  • Customized risk administration reports
  • Comprehensive loss statistics
  • Claim experience tracking

Trending Analysis

  • Online Capabilities
  • Internet claim reporting
  • Internet communications
  • Online with multiple data base information systems
  • Excess reporting compliance
  • Reports to state agencies
  • CMS reporting

CSI will provide your organization with the most comprehensive self-insured plan available, contact us today.