Georgia senior care CFOs must track key KPIs such as claim frequency, cost per claim, and return-to-work rates to optimize workers' comp ROI. Accurate monitoring drives cost control and operational efficiency.
Schedule rating credits offer Georgia assisted living facilities a strategic way to reduce insurance premiums by leveraging safety records and risk management. These hidden savings enhance financial efficiency while promoting operational excellence.
Retrospective rating plans offer nursing home operators customized workers' compensation premiums based on actual loss experience, potentially reducing costs. Careful evaluation is essential to determine if this flexible approach aligns with operational risk profiles.
Senior Care CFOs must track key workers' comp KPIs such as claim frequency, lost time rates, and incident costs to optimize risk management, control expenses, and ensure workforce safety in a high-risk industry.