Q |
What is SWIF's written premium for 2020 and 2021?
|
A |
2020 = $106,383
2021 = $93,721
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|
Q |
What is SWIF's Lost Cost Multiplier?
|
A |
As of April 1, 2022 Commercial 3.716% and Coal 1.944%
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|
Q |
What is SWIF's calendar year loss ratio for the past three years?
|
A |
2018 - 71.6%
2019 - 126.5%
2020 - 45.3%
(percentages are tentative pending SWIF's reserve estimate completion)
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|
Q |
What is a PPO? |
A |
A PPO is a Preferred Provider Organization, it is a list or “panel” of designated health care providers specializing in workers’ compensation by providing goal oriented medical treatment from board certified physicians that will facilitate a prompt recovery and a successful return to work. |
|
Q |
Why post a panel? |
A |
The Pennsylvania Workers’ Compensation Act gives employers the right to establish a panel of designated health care providers, when properly posted in the workplace and acknowledged by all employees, injured workers
must seek treatment for their work related injuries with one of the designated providers for
90 days from the date of the first visit. |
|
Q |
Why is SWIF offering a panel of providers? |
A |
SWIF realizes that it’s vital that businesses take prudent steps in controlling their workers’ compensations costs. |
|
Q |
What are the benefits of posting a panel? |
A |
Reduced workers’ compensation medical and indemnity costs, a goal orientated treatment plan for your injured workers and improved treatment outcomes. |
|
Q |
How can I get my own panel from SWIF? |
A |
Contact Cathleen Fitzpatrick at 717-728-5502 ext. 1117 or by email at
cfitzpatrick@hooverinc.com. |
|
Q |
Does SWIF have a Pharmacy Program? |
A |
Yes, administerd through KeyScripts. |
|
Q |
If I’m an injured worker how will I receive my prescription card? |
A |
Injured workers with compensable claims will automatically receive a pharmacy card listing the 4 closest pharmacies near your home. |
|
Q |
What are the benefits in using this service? |
A |
You will receive your prescriptions faster, pay nothing out of pocket, reduce unnecessary phone calls and become eligible for home delivery. |
|
Q |
How can I receive additional information on SWIF Pharmacy program? |
A |
Contact KeyScripts at 1-866-446-2848 with questions, or to locate the KeyScripts Network pharmacy nearest you. |
|
Q |
What is a Return to Work Program (RTW)? |
A |
A RTW program is a proactive approach in restoring injured workers back to their former lifestyle in the safest and most effective manner possible. |
|
Q |
Why implement a RTW Program? |
A |
Workplace injuries, illnesses and accidents are costly to the employer and the employees. Preventing injuries is the best way to protect workers while controlling workers compensation costs. Employers and workers need a way to manage injuries if they occur. An effective RTW program assists in assuring that the worker obtains medical care during the initial stages of recovery, and during the subsequent return to productive employment. |
|
Q |
What are the benefits of a RTW program? |
A |
For the Employer - Reduced staff turnover and training costs, reduced fraudulent claims, saves indemnity expenses, overtime costs, improve morale and employee relations.
For the Employee - Increase self-esteem, contributes to a faster recovery by keeping the injured worker mentally and physically conditioned, maintains social contact with fellow employees and reduces negative financial impact many injured employees experience.
Final Result - A Win-Win for everyone. |