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Have you ever lost a workers’ comp client
because their e-mod/premiums increased?

    How much revenue did you lose?

What does your agency spend annually
  on client acquisition & retention?
Red Hollingsworth
A Workers’ Comp Specialist and Founder of COMPMinder

                        CompMinder was developed to
                       help his clients in managing their
                        workers’ compensation claims.
                      Red found that most of his clients
                       were doing okay with safety and
                            compliance. “It is the
                        management of their claims
                       where we have found the most
                      success in reducing their cost.”
                             CompMinder works!
Peter Rousmaniere
         Referring to CompMinder,
        Peter Rousmaniere said,
             “CompMinder is a
         very interesting product…
        your timing is impeccable...
            it’s a virtual CSR…”
       Peter Rousmaniere is a leading consultant in the worker’s
        compensation industry and writes a monthly column on
         workers’ compensation and occasional feature articles
                    for Risk & Insurance Magazine.

             — Peter Rousmaniere and CompMinder have
                     absolutely no business relationship.
 An employer wants to lower its WC premium;
   it can through better internal response!

   It is expensive for the broker and/or the
  insurer (who want the internal response to
        happen) to coach the employer.

 The employer does not know how to fashion
   a viable, sustainable program internally.

           -- Peter Rousmaniere --
The Ideal Working Relationship
 The Triangle of Communication

  This is the ideal    Open communication
working relationship   between all parties is
between the carrier,      when Workers’
 the employer, and        Compensation
     the agent.        programs work best.
In most cases, as soon as a claim is filed,
          communication stops.
Once the employer             If the agent doesn’t
   hears that the                 know about a
  worker is doing                claim, the agent
well, they get back               can’t help the
to work; they think             employer during
  the carrier will            the claims process.
manage the claim.
The big problem when
               communication STOPS…

    Because there isn’t                       The agent becomes
ongoing communication                       the bad guy, eventually
between all these parties                    bearing the bad news
  (including the doctors)                     of higher premiums.
 the carrier & the worker                    Higher premiums can
   spend the employer’s                      motivate the client to
          money.                              shop for a “cheaper”
                                               work comp policy.




                   When communication stops,
           our ideal relationship has become vulnerable
Part of the problem:
 Claims adjuster case overload!
    The average work comp claims
 adjuster handles between 175 & 200
claims at any one time. With this many
 claims, the adjuster is operating on a
   reactive not a proactive basis.
Management of Claims




Some have referred to CompMinder as a
Work Comp Alarm Clock…a virtual CSR!
Management of Claims
COMPMinder keeps communication
  open between all parties and gives
the employer an inexpensive protocol.



                 =
Management of Claims

   It also helps agencies
 empower their clients to be
  proactive in the Workers’
Compensation claims process.
Why does your Client
         need to be Proactive?
•   It’s Their Company
•   It’s Their Employee
•   It’s Their Claim
•   It’s Their Money
•   Who will give each work comp claim
           the attention that is needed
                if the employer doesn’t?
Management of Claims

  Employers who are
 more involved in their
Workers’ Compensation
    claims can save
 20 to 50% on the cost
     of their claims.
Management of Claims

THE FIRST WEEK IS
CRITICAL TO A
SUCCESSFUL CLAIM
OUTCOME.
Now we introduce COMPMinder
into the triangle of communication:




   COMPMinder operates seamlessly on
 your agency's website using your branding.
Here’s how COMPMinder works
Now your client will go to your website to
    submit their Work Comp claims.
Initial claim submission
1) The employer goes to your website and enters
   info into COMPMinder for the initial claim; then
   instantly the claim is submitted as a PDF to:
  a) The carrier
  b) The employer
  c) The agent
  d) Any other important parties
The 4 Hour Follow-up
2) 4 Hour Employee Email -- This email (and
follow-up email) has a hotlink that directs the
employer to update the claim, and to follow-up on
what is happening with the employee:
  a) Has the employee returned to work?
  b) How is employee doing?
  c) Who did the follow-up?
  d) Did they see a doctor?
The 24 Hour Follow-up
3) 24 Hour Email - Claim Update Request: Again,
   a hotlink directs the employer to update the claim.
The “Virtual CSR” asks questions like:
  a) Has the employee RTW?
  b) Can they RTW for light duty?
  c) If they can’t RTW, why not?
  d) Who contacted the doctor?
  d) Any reason to contact the agent?
72 Hours Later…
4) 72 Hour Email - Decision Time Update Request
  a)   Has the employee RTW? If not, why not?
  b)   Are we keeping them on the payroll?
  c)   Who contacted the doctor?
  d)   When is the estimated date of RTW?
  e)   Any reason to contact the agent?
One Week After Incident…
5) Weekly Email - To Prevent Out-of-Sight, Out-of-Mind
  a) How is the employee doing?
  b) Are they going to the doctor?
  c) Are they getting better?
  d) Is there abuse of the system?
  e) Any reason to contact the agent?
Ongoing follow-up
6) Weekly Emails continue until the employer or the
agency tells us:
  a) The employee is back to work with no restriction.
  b) The employer requests follow-up to stop.
Your branding
    and logo
All emails are branded to
 look like it is from your
agency and agents, with
   your logo and agent
    name and contact
       information.
Benefits for Your Clients
•   Simple and easy WC filing at your website
•   Empowerment in the WC Process
•   They can reduce claim cost by up to 50%
•   They control their Experience Mod
•   An inexpensive internal program
•   Accountability throughout the process
•   Some carriers are giving a 5% discount to
    clients utilizing COMPMinder
Benefits for Your Carrier
• Employers more involved in the claims
  process, reduce claim cost by up to 50%
• Agent & employer are kept up-to-date
• No additional cost or expense to carrier
• Employers with a stable or an improving
  emod tend to stay with the existing carrier
• Claims adjuster is more productive; like
  having a “virtual CSR” at the employer site.
Benefits to Your Agency
• Sets your agency apart from your
  competition
•  lower premiums =  customer retention
• Effective use of cutting-edge technology
• Unique value for your clients
• High ROI - a “virtual CSR” is less expensive
• Helps drive traffic to your website
Presented By:
Ken Nottingham,
COMPMinder Consultant


COMPMinder, LLC
Draper, UT
Telephone: 801.604.2717
E-Mail: ken@compminder.com
Web Site: www.compminder.com

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COMPMinder Presentation

  • 1.
  • 2. Have you ever lost a workers’ comp client because their e-mod/premiums increased?  How much revenue did you lose? What does your agency spend annually on client acquisition & retention?
  • 3. Red Hollingsworth A Workers’ Comp Specialist and Founder of COMPMinder CompMinder was developed to help his clients in managing their workers’ compensation claims. Red found that most of his clients were doing okay with safety and compliance. “It is the management of their claims where we have found the most success in reducing their cost.” CompMinder works!
  • 4. Peter Rousmaniere Referring to CompMinder, Peter Rousmaniere said, “CompMinder is a very interesting product… your timing is impeccable... it’s a virtual CSR…” Peter Rousmaniere is a leading consultant in the worker’s compensation industry and writes a monthly column on workers’ compensation and occasional feature articles for Risk & Insurance Magazine. — Peter Rousmaniere and CompMinder have absolutely no business relationship.
  • 5.  An employer wants to lower its WC premium; it can through better internal response!  It is expensive for the broker and/or the insurer (who want the internal response to happen) to coach the employer.  The employer does not know how to fashion a viable, sustainable program internally. -- Peter Rousmaniere --
  • 6. The Ideal Working Relationship The Triangle of Communication This is the ideal Open communication working relationship between all parties is between the carrier, when Workers’ the employer, and Compensation the agent. programs work best.
  • 7. In most cases, as soon as a claim is filed, communication stops. Once the employer If the agent doesn’t hears that the know about a worker is doing claim, the agent well, they get back can’t help the to work; they think employer during the carrier will the claims process. manage the claim.
  • 8. The big problem when communication STOPS… Because there isn’t The agent becomes ongoing communication the bad guy, eventually between all these parties bearing the bad news (including the doctors) of higher premiums. the carrier & the worker Higher premiums can spend the employer’s motivate the client to money. shop for a “cheaper” work comp policy. When communication stops, our ideal relationship has become vulnerable
  • 9. Part of the problem: Claims adjuster case overload! The average work comp claims adjuster handles between 175 & 200 claims at any one time. With this many claims, the adjuster is operating on a reactive not a proactive basis.
  • 10. Management of Claims Some have referred to CompMinder as a Work Comp Alarm Clock…a virtual CSR!
  • 11. Management of Claims COMPMinder keeps communication open between all parties and gives the employer an inexpensive protocol. =
  • 12. Management of Claims It also helps agencies empower their clients to be proactive in the Workers’ Compensation claims process.
  • 13. Why does your Client need to be Proactive? • It’s Their Company • It’s Their Employee • It’s Their Claim • It’s Their Money • Who will give each work comp claim the attention that is needed if the employer doesn’t?
  • 14. Management of Claims Employers who are more involved in their Workers’ Compensation claims can save 20 to 50% on the cost of their claims.
  • 15. Management of Claims THE FIRST WEEK IS CRITICAL TO A SUCCESSFUL CLAIM OUTCOME.
  • 16. Now we introduce COMPMinder into the triangle of communication: COMPMinder operates seamlessly on your agency's website using your branding.
  • 17. Here’s how COMPMinder works Now your client will go to your website to submit their Work Comp claims.
  • 18. Initial claim submission 1) The employer goes to your website and enters info into COMPMinder for the initial claim; then instantly the claim is submitted as a PDF to: a) The carrier b) The employer c) The agent d) Any other important parties
  • 19. The 4 Hour Follow-up 2) 4 Hour Employee Email -- This email (and follow-up email) has a hotlink that directs the employer to update the claim, and to follow-up on what is happening with the employee: a) Has the employee returned to work? b) How is employee doing? c) Who did the follow-up? d) Did they see a doctor?
  • 20. The 24 Hour Follow-up 3) 24 Hour Email - Claim Update Request: Again, a hotlink directs the employer to update the claim. The “Virtual CSR” asks questions like: a) Has the employee RTW? b) Can they RTW for light duty? c) If they can’t RTW, why not? d) Who contacted the doctor? d) Any reason to contact the agent?
  • 21. 72 Hours Later… 4) 72 Hour Email - Decision Time Update Request a) Has the employee RTW? If not, why not? b) Are we keeping them on the payroll? c) Who contacted the doctor? d) When is the estimated date of RTW? e) Any reason to contact the agent?
  • 22. One Week After Incident… 5) Weekly Email - To Prevent Out-of-Sight, Out-of-Mind a) How is the employee doing? b) Are they going to the doctor? c) Are they getting better? d) Is there abuse of the system? e) Any reason to contact the agent?
  • 23. Ongoing follow-up 6) Weekly Emails continue until the employer or the agency tells us: a) The employee is back to work with no restriction. b) The employer requests follow-up to stop.
  • 24. Your branding and logo All emails are branded to look like it is from your agency and agents, with your logo and agent name and contact information.
  • 25. Benefits for Your Clients • Simple and easy WC filing at your website • Empowerment in the WC Process • They can reduce claim cost by up to 50% • They control their Experience Mod • An inexpensive internal program • Accountability throughout the process • Some carriers are giving a 5% discount to clients utilizing COMPMinder
  • 26. Benefits for Your Carrier • Employers more involved in the claims process, reduce claim cost by up to 50% • Agent & employer are kept up-to-date • No additional cost or expense to carrier • Employers with a stable or an improving emod tend to stay with the existing carrier • Claims adjuster is more productive; like having a “virtual CSR” at the employer site.
  • 27. Benefits to Your Agency • Sets your agency apart from your competition •  lower premiums =  customer retention • Effective use of cutting-edge technology • Unique value for your clients • High ROI - a “virtual CSR” is less expensive • Helps drive traffic to your website
  • 28.
  • 29. Presented By: Ken Nottingham, COMPMinder Consultant COMPMinder, LLC Draper, UT Telephone: 801.604.2717 E-Mail: ken@compminder.com Web Site: www.compminder.com