Vigilant Blog

News, trends and analysis in employment law, HR, safety & workers' comp

Showing posts by Dan Beaty

Photo of Dan Beaty
Jul 07 2021
Featured Worker’s CompWorkers’ Comp  

Workers’ comp FAQs from June

Got workers’ comp questions? We’ve got answers. It’s hard to keep track of all the Workers’ Compensation acronyms, definitions, best practices and more! So we’re sharing a few frequently asked questions we recently received from our Vigilant Manufacturing Retro members. What is Standard Premium; is it the same premium I pay to L&I? Standard premium is the…

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Photo of Dan Beaty
May 18 2021
Featured Worker’s CompWorkers’ Comp  

Lower your work comp premium - do two things first

Question: “What action can we take to lower our upfront workers' comp premium? Where do we even start?” Answer: From Vigilant's VP of Workers' Comp, Dan Beaty. I get asked this question daily. My reply? We're here to help, and here's a hint: high frequency/impact injuries, and a strategic use of kept-on-salary(KOS). To lower upfront cost of premium and…

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Photo of Dan Beaty
Mar 25 2021
Featured Worker’s CompWorkers’ Comp  

Kept-On-Salary Mandates: There’s an alternative

Lately I’ve received a lot of questions about Vigilant’s perspective on Kept-On-Salary mandates. Here’s where we stand: We oppose KOS Mandates Our fundamental objection to KOS mandates is that they ALWAYS benefit a group retro program and its association sponsor, but do NOT ALWAYS best serve the individual member companies that are paying for it. In…

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Photo of Dan Beaty
Mar 16 2021
Featured Worker’s CompWorkers’ Comp  

Accurately forecasting workers’ comp premium

Washington Manufacturers: On my daughter’s 7th birthday she was gifted a Magic 8-ball. You know, the one with the blue liquid that you shake and it magically answers whatever question you’ve asked. Often the response would be a non-committal answer like “Ask Again Later” or “Cannot Predict Now.” Feverishly, she would ask the question again, shake it…

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Photo of Dan Beaty
Mar 09 2021
Featured Worker’s CompWorkers’ Comp  

Advocacy with L&I is critical to success

Washington Manufacturer: Who do you contact within Labor & Industries (L&I) to help you with a difficult workers’ compensation claim issue? Who is advocating for your interests with the Department? Not knowing where to start and how to be impactful can be overwhelming, frustrating, and even demoralizing. Just as the company you keep is…

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Photo of Dan Beaty
Nov 16 2020
Featured Worker’s CompWorkers’ Comp  

Keep good company for large retro refunds

Receiving consistently large Retro refunds requires being in good company. As we all begin to accept that operating amid the COVID-19 pandemic is our reality for the foreseeable future, it’s time to evaluate some of the business decisions that we may have put off for steadier times. One of those may be…

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Photo of Dan Beaty
Nov 10 2020
Featured Worker’s CompWorkers’ Comp  

The Case for Kept on Salary: a Strategic Tool not a Mandate

As the COVID-19 pandemic continues, we are all realizing that business decisions aimed at the future cannot wait for the pandemic to be over. We are eager to shift from surviving the current climate, to thriving into the future. It is with this spirit that we have resumed our e-mail…

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Photo of Dan Beaty
Mar 12 2020
Featured Worker’s CompWorkers’ Comp  

Part 4: Deconstructing a 30% retro refund - claims management

Dear Washington Manufacturer, The most recent letter in our series on deconstructing a 30% Retro refund highlighted the positive impact of customized and dedicated loss prevention services. This letter shares why sophisticated claims management strategies have a similar effect: lowering upfront premiums and increasing Retro refunds. We acknowledge and sympathize with the…

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Photo of Dan Beaty
Mar 04 2020
Featured Worker’s CompWorkers’ Comp  

Part 3: You’re invited to receive a 30% retro refund

Dear Washington Manufacturer, You’re invited to apply for participation in Vigilant’s best-in-class Manufacturing Retrospective Rating Program—members are projected to receive a 30% refund for the most recent Retro plan year. Because of the elite composition of the manufacturers in our program, our use of proprietary data analytics, and our staff’s dedication, we expect that number to…

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Photo of Dan Beaty
Mar 12 2019
Workers’ Comp  

Kept on Salary vs. Time Loss - Employer saves $67k

Vigilant Helps Save Employer $67K by Crunching the Numbers One of the surprising ways employers can save on a workers’ comp claim is to just go ahead and keep an injured worker on full salary (KOS) instead of depending on L&I to supplement wages. Washington, unlike most states, allows employers to pay wages…

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