| AGENT
AGENDA ONLINE April-May 2008 SFM--The Work Comp Experts |
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BRIEFS |
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| Largest-volume agencies in 2007 | |||
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Wisconsin |
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| SFM e-submits First Reports to state agencies | |||
“Electronic reporting reduces costs and turnaround time on First Reports,” said Meg Kasting, SFM vice president, Claims. It also helps reduce the state work comp system’s processing costs. The cost to process a paper First Report is $3.97 compared to $1.77 for an electronic First Report, according to the Minnesota Department of Labor and Industry. SFM also began submitting First Reports electronically in Wisconsin earlier this year. State regulatory agencies, which monitor the timely payment of benefits to injured workers, require workers’ compensation insurers to forward to them all First Reports involving wage-loss or other injured worker benefits. Because SFM is now doing this electronically,
it is asking policyholders for a few minor new things when they report injuries to SFM. For instance, employee gender
and marital status are now required. Ultimately that benefits the employer because the information is captured to more closely align with OSHA recording requirements so employers can use the First Report in lieu of the OSHA 301 form.
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| SFM to serve on state WCAC work groups | |||
SFM Vice President Meg Kasting will serve on the 12-member “Employer choice health care benefits” work group. The group will make policy and operations recommendations for employer medical choice options and the continuation of healthcare and other benefits to injured employees. SFM Medical Services Manager Rose Hatmaker will serve on the nine-member “Repricing industry” work subgroup, which is part of the WCAC “Work group on billing and auditing processes.” The subgroup will review the need for a professional code of conduct and regulation of the repricing industry within the workers’ compensation industry. Tim Collin, president and chief operating officer of CompRehab, an SFM subsidiary, will serve on the 12-member “Vocational rehabilitation” work group. The work group will make policy and operations recommendations on qualified rehabilitation consultant practices. |
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| SFM expands Wisconsin-based staff | |||
Guettel, based in Port Washington, Wis., has more than 30 years’ experience assisting Wisconsin employers with loss control efforts. He joins SFM’s experienced Wisconsin staff of underwriters, claims representatives and loss prevention. |
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