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Published on Mar 18
Working with the right partner can save you time and money
Workers’ compensation costs can take a serious toll on your company’s bottom line. The Ohio Bureau of Worker’s Compensation (BWC) requires all employers, that pay into the state fund, have a Managed Care Organization (MCO) to manage their claims. The cost for this is already built into your premiums.
An MCO is a private company employers select to medically manage their workers’ compensation claims, for injured employees, helping reduce costs. An MCO should be able to manage your workers’ compensation claims efficiently and compassionately, getting your injured employees back to work sooner, reducing lost-time days, and keeping your workers’ compensation premiums as low as possible.
Ohio BWC and MCOs
As a new employer, you have the opportunity to choose an MCO. If you do not make a selection within 30 days of receiving your certificate of coverage, the BWC will assign an MCO to you. Once you’ve reached a decision, be sure to complete the MCO Selection Form and submit it to the BWC.
Make an informed decision
Selecting an MCO should be given serious attention and consideration. It’s difficult to know which MCO will work best your organization. Asking the right questions can give you a better sense of which MCO fits your needs.
- How can your MCO help my business save money on my workers’ compensation premiums?
- How quickly do you get an injured worker back to work?
- What are the different strategies used to help facilitate return to work for an injured employee?
- List three medical providers located in the area of my business.
- Can your company customize injury packets?
- Is there an online system to access my account?
- Do you have a sample report I can review?
- Can I get a few references?
Getting this information up front will help you avoid disappointment regarding the service your injured employee receives. Your MCO should have a clear understanding of your business and the needs of your employees. The partnership you develop with your MCO will help ensure the long-term health and safety of your business and your employees, so it is important to make an informed decision when selecting your partner.
A partner you can trust
Your MCO serves both the best interest of your company and your employees. Having a partner look out for the best interests of your employees, returning them to work quickly, and keeping your workers’ compensation costs down is vital to the success of your business.