Insurance Carriers Disturbing Trend
We have noticed a very disturbing trend from Workers Comp insurance carriers.
Often, after accepting a new policyholder, the insurance carrier will send out what is considered to be a Loss Control Consultant.
Often, we have seen the Loss Control Consultant actually fill out Work Comp Audit Workpapers and submit these to the carrier. We do not see this as any type of Loss Prevention or Control function.
If the insurance carrier or employee is more of a premium auditor, then the carrier should inform the employer that they company will be doing a premium audit of sorts.
I have six of those back on my desk at the office. Hopefully, this will not be a trend that continues. The most concerning item is the employer is never shown the workpaper. One has to wonder why the employer is not advised of the initial premium audit part of this visit.
I will keep you updated on this trend if it develops. BTW, this is not one carrier that is doing this type of premium audit.
Do not take this appointment as just Loss Prevention or Loss Control. Many times, and in one very particular instance, we have found the appointment to be a Premium Audit of sorts. Please see our post tomorrow for more information. I am having trouble with the hotel wireless system I am on as of now.
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