How Small Businesses Can Save Lives and Money: Three Programs That Deliver ROI in Workplace Safety

June 23, 2017 • Previsor

Workplace injuries and illnesses have a major impact on your bottom line. OSHA estimates that employers pay almost $1 billion per week in direct workers compensation costs alone. In Missouri, more than 25,000 nonfatal injuries occur each year. These injuries devastate families emotionally and financially. They also reduce businesses’ productivity and drive up work comp insurance premiums.

There are many ways to promote safety in your business, but which investments will yield the best outcomes? Don’t overlook these three programs as you consider options to reduce workplace injuries and save money.

Post-offer employment testing

Also called POET, this valuable program seeks to reduce costly new hire injuries by testing if employees are physically capable of performing their assigned duties. Missouri Employers Mutual Insurance estimates that one in three lost-time claims involves a new hire, with an average claim cost of $54,000. Implementing POET in your organization is a worthwhile investment that can return significant cost savings. Some work comp providers offer discounted POET services through a partner agency.


Your employees can access convenient and timely telehealth care via remote consultation services like telemedicine and nurse triage. Using telemedicine, health professionals can diagnose and treat a variety of conditions from the convenience of the office or shop, reducing expenses and time away from work. Nurse triage allows an employee to speak to a nurse as soon as a medical concern arises. The nurse determines the urgency of the issue and recommends appropriate care. Many telehealth services require no specialized equipment and can be accessed with a smartphone or webcam.

Provider incentive programs

Work comp insurance providers share your goals of preventing injuries and keeping your employees safe at work. Establish a partnership with your provider to continually work toward injury-free status. Some companies even offer rewards when you demonstrate that safety is a priority in your workplace. MEM recently introduced safety grants, a program that promotes and rewards safety initiatives.

These programs offer a serious return on safety by helping you prevent workplace injuries, and manage them successfully if they do occur. Your business is unique, and your work comp provider should be able to help you evaluate which programs best fit your safety needs. All small businesses have one thing in common: They strive for the safest environment possible, which saves money and helps employees get home safely.


June 23, 2017
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