F3 • WORKERS’ COMPENSATION FRAUD PROTECTION

Saturday, Feb. 20 9:30 a.m. – 11:00 a.m.

David Parkhurst, Insurance & Benefits Group Sam Bowlby, Insurance & Benefits Group

Workers' compensation fraud costs the insurance industry and employers billions of dollars each year. Businesses suffer the effects of workers? compensation fraud by spending more and more on higher premiums - which means everyone is paying the bill, because businesses pass along the costs of higher premiums to consumers. In addition, this type of fraud robs employers of funds that might be used for employee pay raises and bonuses. In some cases, businesses are forced to downsize or even close their doors. The best tool for fighting workers' compensation fraud is prevention. This seminar discusses how to avoid questionable workers' compensation claims by learning how to reduce exaggerated claims, which decreases costs from true workplace injuries.

At the conclusion of this course, participants will be able to:

• Identify and prevent the most common causes and types of workers' compensation fraud
• Implement a workers' compensation management program
• Reduce workers' compensation costs