Program Design

How to Create and Implement a Workers’ Comp Cost Allocation System

Make every manager own the cost of their own claims

Presented by Michael Stack · 10 parts · about 75 minutes

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Playbook content

Introduction

  • PDFPlaybook outlineDownload · PDF
  • It's Not a Question of How, It's About EngagementVideo · 5:18

Section 1

  • Results and Rewards Aren't Always What You ThinkVideo · 22:23
  • Protocol check 1Pass at 70%

Section 2

  • 3 Golden Rules of Cost AllocationVideo · 12:40
  • Full Cost and Lost Time MethodsVideo · 21:00
  • Flat Charge MethodVideo · 7:14
  • Protocol check 2Pass at 70%

Section 3

  • Implementing Cost AllocationVideo · 6:48
  • Protocol check 3Pass at 70%
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About this playbook

Most of workers' comp management is managing human behavior, in claims and in the supervisors and division leaders who carry out the program at each site. The question is not how, it is engagement. This playbook sets out the three golden rules of cost allocation, compares the full cost, lost time and flat charge methods, and gives the implementation steps to roll one out.

You will be able to

  • Identify what actually drives your managers' behavior
  • Use your corporate structure to build manager buy in
  • Apply the three golden rules of cost allocation
  • Choose between full cost, lost time and flat charge methods
  • Implement a cost allocation system one step at a time
How to Create and Implement a Workers’ Comp Cost Allocation System | IMOS Hub