Have questions about RiskCorrect?

Check out our FAQ section below to see we can easily answer your questions about our process. If you questions aren’t answered below please use our Contact form and we will be happy to answer any additional questions you may have.

How do I know if RiskCorrect is right for my company?

Using five years of claim loss history and an Experience Modification Worksheet, our team will show you whether or not you’re a good fit, as well as how much money RiskCorrect will save you if you are. Don’t have this data handy? No problem, we can help you gather it. 

Does RiskCorrect replace my current workers’ compensation insurance? 

No, RiskCorrect manages your claims and does not replace your current insurance carrier or your agent. We are a claim management system, not an insurance provider. 

What does RiskCorrect do that my current insurance company doesn’t do? 

Your current insurance company manages claims according to an old set of standards that hasn't evolved with modern times. It's not the most efficient way of doing things, especially when your company’s budget is on the line. RiskCorrect manages claims in a way that’s in your company’s best interest and not just your insurance carrier’s.

How does RiskCorrect differ from other workers’ compensation programs? 

RiskCorrect is the only software program available that manages workers’ compensation claims by helping employees and focusing on employers. RiskCorrect takes actionable steps to manage every claim in the same deliberate and efficient way and doesn’t just flag claims because they might become an issue. RiskCorrect assumes all claims will be an issue from the moment an injury occurs, so if they do become an issue, all the documentation and tracking is already complete. 

Will RiskCorrect help my employees? 

Yes, your company’s employees will receive more money faster, as well as improved medical care. 

Why is RiskCorrect the only program that does this? 

RiskCorrect has six patents on its process and software program protecting its proprietary system. 

Is RiskCorrect just a software program? 

No. While the software is what drives our process, RiskCorrect has a team dedicated to ensuring the right actions get taken on each claim. Knowing the right thing to do and getting it done are two different things. Our software knows what to do and our team knows how to do it. 

Can RiskCorrect lower my Experience Modification Rate? 

Yes, most RiskCorrect customers experience ratings are between 0.60 and 0.80. If you’re higher than that, we can help. 

Will RiskCorrect work with a large deductible, retro, or self-insured plan? 

Yes, RiskCorrect is even more efficient in loss sensitive programs and can lower your collateral position. 

Will RiskCorrect reduce my company's administrative burden? 

Yes, RiskCorrect automatically manages and tracks claims and significantly reduces the time spent on claims as well as costly errors.