The Ring Sessions Volume 2 | Shoptalk Series Episode #74

In this episode of The Power Producers Podcast, David Carothers and co-host Kyle Houck interview Kevin Ring from the Institute of WorkComp Professional. Kevin discusses Workers’ Compensation and loss runs.

Episode Highlights:

• Kevin answers David’s question about why loss runs have not been standardized. (4:37)
• Kevin finds that the least useful information on the loss run is often the employee’s class code. (6:32)
• Kevin shares that the process of getting loss runs from carriers has not changed in 25 years. (12:39)
• Kevin recalls one situation where regardless of the severity of the injury the lag time for the claim was more than 30 days. (19:33)
• Kevin talks about the importance of looking at injury reporting and other issues before trying to build a recovery at work program. (21:00)

Tweetable Quotes:

• “If people are ditching out of work for two weeks before they even tell you that they’re hurt, then you’re probably not going to get the biggest bang for your buck on building a recovery at work program until you fix that injury reporting issue. So, you’ve got to find all the different things and then you can start to identify what you are going to attack first.” – Kevin Ring
• “If a company’s loss runs don’t have the information that you want or need, stop asking for a loss run, and ask them for a loss information report and tell them the specific information that you want.” – Kevin Ring

Resources Mentioned:

• Kevin Ring LinkedIn
• Institute of WorkComp Professional
• David Carothers
• Kyle Houck
• Florida Risk Partners
• The Extra 2 Minutes