The longer the lag time in filing a claim, the longer it will take to get employees the care they need. Claim delays can also impede the investigation process. Both of these issues can result in claims remaining open longer than necessary — increasing the chance of the business becoming subject to a litigation claim. (Credit: Bigstock) The longer the lag time in filing a claim, the longer it will take to get employees the care they need. Claim delays can also impede the investigation process. Both of these issues can result in claims remaining open longer than necessary — increasing the chance of the business becoming subject to a litigation claim. (Credit: Bigstock)

When an employee is injured or becomes ill while on the job, it's critical for a business to report the incident as soon as possible. The fact is, an employer's failure to file a workers' compensation claim in a timely manner can substantially increase costs to the business, as well as create ill will among workers.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Investigative & Forensics
Workers' Comp
Property & Casualty