UPMC WorkPartners Workers' Compensation Product Now Available In Central, Eastern Pennsylvania
PITTSBURGH, Jan. 24, 2013 /PRNewswire/ -- The UPMC WorkPartners' workers' compensation product has expanded its reach and is now available to companies in central and eastern Pennsylvania.
The workers' compensation product is part of an expanding set of UPMC WorkPartners services aimed at providing health and productivity solutions to employers. These services include a commercial workers' compensation product as well as third-party administrator services. UPMC WorkPartners' commercial workers' compensation product first became available to western Pennsylvania businesses in 2010.
"In two years, UPMC WorkPartners has witnessed significant growth in its worker's compensation product," said David M. Weir, President of UPMC WorkPartners. "This is due to our commitment to strong, consistent underwriting, our effective claims management and loss control, our partnerships with producers and companies, and our broader health and productivity solutions.
"Now we are bringing these solutions to producers and companies across Pennsylvania."UPMC WorkPartners, which is part of the UPMC Insurance Services Division, is known for its comprehensive network of resources that focus on individual employee health and well-being. Its return-to-work and vocational experts, combined with its robust medical network, provide employers of all sizes with a strategic approach to absence management and workers' compensation, which results in better care and better outcomes. On average, Pennsylvania employer workers' compensation costs have increased since 2006 and were nearly $3 million in 2010. In its first year, UPMC WorkPartners' workers compensation product has had proven cost savings for the insured which resulted in a decrease in experience modification factors (which compares an employer's past loss experience to expected experience), and which ultimately reduced premiums. UPMC WorkPartners has reduced durations on disability claims by an average of 10.6 calendar days per claim. That resulted in $6.6 million in direct savings for its short-term disability clients. In 2011, UPMC WorkPartners structured a return-to-work program for a client that resulted in opportunities to avoid additional costs of $2.7 million. Distinguishing UPMC WorkPartners' workers' compensation product from other carriers is that it comes with guaranteed "high-touch" customer service. Workers compensation issues create complications for any employer and, that is why UPMC WorkPartners provides a consistent, reliable resource that employers can use whenever questions or problems arise. UPMC WorkPartners' worker's compensation product can achieve this because its worker's compensation product is backed by the medical expertise and resources of UPMC.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV