What's In Your Wallet?

It has been said that the LOVE of money is the root of all evil.  Wow.  That is probably one of the boldest statements of all time.  For today's purposes, let's take a minute and explore the ramifications of this belief as it applies to worker's comp.  

How could the love of money lead to evil when it comes to the an injury that happens while one is working?  To find the answer, we must look at the avenues where "money" exists in the work comp agreement.  Not intended to be exhaustive, but here are some of the more obvious avenues of money due to work comp injuries:

  1. Medical Costs
  2. Indemnity Costs
  3. Reserves
  4. Work Comp Insurance
  5. Experience Modification Factor
  6. Cost to Rehire
  7. Cost to Retrain
  8. Cost of Losing Business
  9. Litigation Costs
  10. Self-Insured Costs
  11. Cost to Investigate
  12. Cost to Implement Safety/Loss Prevention
  13. etc., etc., etc.

And the list goes on and on and on.  So, if we were to explore each avenue thoroughly, we would discover that each avenue is laced with pitfalls and detours when it comes to money.  When a business tries to "handle" a work comp loss, it's a lot like being a cat herder...not easy.  To have no real plan prior to an injury is a recipe for "the love of money disease" to run rampant throughout the journey of a work comp loss and infect many people.  In todays world there are businesses that are created for the simple purpose of exploiting this money rich opportunity.  So, if we are to treat the infection, we must have something to treat it with, right?  Enter Zenjuries 2.0!  Zenjuries 2.0 is the cure.  Zenjuries is THE one stop shop to not only protect and prevent people from the love of money disease, but also be the cure used for eradicating those people who already suffer from the disease from your team and business.  There is nothing else like Zenjuries.  

No comments (Add your own)

Add a New Comment


Comment Guidelines: No HTML is allowed. Off-topic or inappropriate comments will be edited or deleted.