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Most companies are always looking for ways to reduce costs. One way to do this is by figuring out how to lower workers’ compensation insurance fees. A proven method to achieve this is by implementing safety standards aligned with the Occupational Safety and Health Administration (OSHA). Essentially, this means forming a safety program that will reduce the number of injuries and illnesses at the workplace, ultimately leading to more savings for the company. The idea is that workers will not have to make a claim if they do not become sick or injured at work. To start an OSHA safety program you need to follow these steps:

Start Osha-Required Programs

OSHA requires companies to incorporate a written safety program that can be shared with employees. Data shows that companies that comply with this rule tend to see fewer accidents and lower worker’s compensation costs.

Many believe that these required OSHA safety programs give employees important information they need to stay safe at work and reduce the number of incidents. However, it is important to note that accidents can still occur when OSHA safety programs are poorly implemented. This is why companies should ensure that all employees are aware of the programs and have easy access to the information to refer back to them if they forget a safety measure.


Safety Program Execution

Companies have to figure out the best way to give employees safety information and then make sure they can apply those safety measures at work. Without this critical step, it could still leave a company vulnerable to workplace incidents and therefore less of a chance of reducing workers’ compensation rates.

Making sure frontline supervisors are on board is one way to ensure information from the safety program is implemented in day-to-day operations. Frontline supervisors are an integral part of keeping the job site safe. They can make sure that workers are correctly incorporating safety measures when needed. Without frontline supervisors, it may be difficult to help workers hone in on the importance of using these safety measures.


Fully Investigate Workplace Incidents

Every company should thoroughly investigate accidents and illnesses that are said to be work-related. This is another critical factor in ensuring that your workers’ compensation insurance costs stay low. With a higher number of workers’ compensation claims come higher costs.

You’ll want to implement accident investigations rather than just accident reports. The analysis will uncover the root cause of the incident. It helps to make sure your frontline supervisors are trained to thoroughly investigate these types of situations.

Don’t just focus on completing the OSHA 300 log, it doesn’t account for the biggest accident category: first aid-only incidents. These are usually small costs, however, in high numbers, they can begin to add up.

Look for Improvement

Everyone on a team must be aware of these steps to help a company keep its workers’ compensation insurance costs low. Training is key. Employees should be fully aware of what is expected from them. Another component of success is regular auditing. This will ensure that the safety measures are still effective.

Following these steps can benefit your company’s bottom line. However, each step requires proper setup to guarantee effectiveness. You can expect to educate your employees, reduce the number of accidents or cases of illness, create an overall safe workplace, and create opportunities to lower your workers’ compensation insurance costs.

Contact Us Today

Look to Biscayne Risk & Insurance to walk you through setting up an effective safety program for your company. We have a team of experienced workers who are waiting to hear from you! We also have information concerning OSHA requirements, accident investigations, and other helpful resources. Please contact us at (561) 571-1001. We look forward to chatting with you.

Contact Us Today!

Fill out the contact form below or call 561.571.1001 to speak to a member of our team.