Most companies understand that there are risks associated with delayed responses to workplace injuries and a high cost for non-compliance when it occurs, but formal studies continue to show a specific correlation between delayed injury reporting (lag time) and increased costs.
The National Council on Compensation Insurance published their difficulties associated with delayed reporting. The costs not only include rising workers compensation insurance, but the added costs of complications with late reporting of incidents, including: involvement with claimant attorneys, lump-sum settlements and aggravated health complications by delaying treatment.
Other issues that can arise from these delays in reporting may include the workers compensation claim investigation being jeopardized, hurting employee morale, and possibly violating state and federal reporting laws.
By replacing older reporting systems that are traditionally manual and paper-based with a mobile software solution, companies are able to quickly and accurately begin the incident recording process, initiate investigations and automatically file timely and more complete regulatory reports. By giving workers the ability to easily report incidents on their mobile devices, companies provide another layer of safety engagement that has been proven to increase reporting accuracy and timeliness.
Our team at Sospes is proud of the software we deliver that allows workers to contribute directly to ensuring a safer and more productive workplace, frees safety professionals from tedious and repetitive paperwork to focus on higher value projects, and provides managers with actionable information on where to focus resources for the biggest positive impact.