Friday, 08 August 2008
Empire Pacific Risk Management Inc.
Insurance - Workers Compensation

 

Workers Compensation Insurance

 

 

 

 

 

Glossary of Terms

EAIP – Employer-at-Injury Program. Incentive program administered by insurers for employers to provide early-return-to-work programs for their injured workers.

ERTW – Early Return To Work Program

Experience Rating Modification– A modifier that is expressed as a percentage and applied to an employer’s premium that reflects prior loss experience. A company with an experience rating below 1.00 will pay less premium than average; a company with a rating above 1.00 will pay more premium.

IBNR – Incurred But Not Reported

MCO – Managed Care

OSHA – Oregon Safety and Health Association

Preferred Workers – Subject Oregon worker who, because of permanent disability resulting from a compensable injury or occupational disease, is unable to return to his or her previous (regular) employment and meets the Preferred Worker Program eligibility criteria for assistance.

PPD – Permanent Partial Disability

SIG – Self-Insured Group

TTD – Total Temporary Disability

 

Empire Pacific Risk Management Inc.
5300 SW Meadows Rd., Suite 200 Lake Oswego, OR 97035 (503) 968-6300 (503) 968-6305 FAX

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