Workers’ compensation: The other self-insured liability

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By Richard C. Frese | 06 August 2013

Medical malpractice is the most frequently considered exposure in a healthcare entity’s self-insurance program, but self-insured organizations should also evaluate their workers’ compensation losses. Workers’ compensation programs compensate an employee who is injured on the job; in exchange, the employee waives the right to sue for negligence. The key to effective liability management for workers' compensation risk is understanding, reporting, and controlling risk exposure. Self-insured should understand exposures, estimate losses, and follow best practices for reporting to help control workers' compensation program costs.

This article was published on, the Healthcare Financial Management Association's website.

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