Health insurance and workers' compensation carriers are constantly looking for ways to reduce and better manage the cost of workplace injuries.

Health insurance and workers' compensation carriers are constantly looking for ways to reduce and better manage the cost of workplace injuries. Many employers believe that by coordinating the managed care concepts of the health insurance industry with safety management expertise from workers' compensation carriers, a more cost effective and better managed program is available.

24 Hour coverage is a plan under which an employer's group health plan, disability plan, and workers' compensation program are merged, integrated, or coordinated (depending on state regulations) into a single health benefit plan that covers employees 24 hours per day.

Managed care principals are applied to 24-hour coverage to most effectively contain costs.

Independent Planning Benefits Corporation provides the expertise to help employers select and efficiently manage their workers' compensation and 24 hour care programs.

Workers' Compensation

Employers must continually educate their employees on workplace safety to effectively manage the costs of workers' compensation.

In many States, employers are required to provide workers' compensation coverage. Workers' compensation is a state-mandated insurance program that provides benefits for healthcare costs and lost wages to qualified employees and their dependents if an employee suffers a work-related injury or disease.

Benefits replace an employee's wage while the employee is unable to work because of a work-related injury or illness.