Managed Care Providers for Workers Compensation Plans

The New Jersey Department of Banking and Insurance (DOBI) have approved a number of managed care organizations (MCOs) to provide healthcare services to injured workers. Workers’ compensation MCOs are entities which manage the healthcare and costs associated with claims covered by workers’ compensation insurance. Should you choose one of these MCOs to provide medical treatment to any of your employees injured on the job, you might realize savings on your NJ workers compensation insurance premiums.

New Jersey employers by law are permitted to select the healthcare providers of medical services for any of their employees injured at work. Selecting a qualified and skilled healthcare provider for your employees who suffer workplace injuries is important for their wellbeing and for your reputation. Should you want to opt for an MCO, in order to be eligible for any insurance premium discounts, you must choose an MCO that is approved by DOBI. A list of approved MCOs may be found on the DOBI website.

MCOs offer an alternative to the traditional fee for service approach to healthcare delivery for workers’ compensation services. In the event that you wish to consider an MCO to serve as your workers’ compensation healthcare provider, check with your insurance agent to find out if your company could qualify for a reduction in premium costs for NJ workers compensation insurance.

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