Midwest Employers Casualty Creates Healthcare Risk Management Practice

St. Louis, Mo.-based workers’ compensation excess insurer, Midwest Employers Casualty Co. (MECC), announced it has launched a Healthcare Risk Management Practice.

MECC said it created the Healthcare Risk Management Practice in recognition of the potentially devastating consequences that injuries on the job can pose within healthcare organizations.

The company’s announcement said it estimated that an organization loses operating revenue at a rate of four to 10 times the direct costs of a work-related injury. And it costs about one and one-half times an employee’s annual salary to replace that employee.

MECC’s practice will assist clients in reducing costs associated with work-related accidents. The unit designs and implements a wide variety of best practice programs, including developing transitional duty return to work procedures, addressing sharps/needle stick incidents or combative patients, reducing slips, trips and falls, a safe patient handling program and more.

A recent Federation of Nurses & Health Professional survey indicates that 56 percent of nurses said they are considering leaving the profession due to fear that they may experience a disabling on-the-job injury.

MECC’s Healthcare Risk Management Practice also offers services in addition to program design and implementation, from access to hundreds of training resources online to benchmarking reports, online seminars and on-site training.

MECC is a member company of W.R. Berkley Corporation.

Source: MECC

Topics Commercial Lines Business Insurance Risk Management Casualty Medical Professional Liability