Daniel HonanFounder, Profitable Painter CPA PLLC · I help painting contractors increase profits & cash flow while reducing taxes♦ Bookkeeping ♦ Tax

Painting Biz Owners: What to Do After Filing a Workers' Comp Claim. #BookkeepingForPainters

Name: Painting Biz Owners: What to Do After Filing a Workers' Comp Claim. #BookkeepingForPainters
Uploaded: 2025-01-29T14:15:01+00:00
Duration: 27 s
Channel: Daniel Honan
Description: In this instructional segment for painting business owners, the speaker emphasizes the importance of proactive communication with the workers’…

29 Jan 2025 · 0 min

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In this instructional segment for painting business owners, the speaker emphasizes the importance of proactive communication with the workers’ compensation insurance carrier after a claim is reported. While carriers aim to limit payouts, they also have a responsibility to ensure injured employees receive proper care. The speaker advises owners to stay in regular contact, promptly provide any required documentation—such as wage statements for employees unable to work and accident investigation reports—and maintain a cooperative relationship to facilitate claim resolution and employee support.

once it's reported, it's in the hands of the insurance carrier. But it's important that you stay on top of that and stay in good communication with your carrier. Most of them are gonna wanna be your partner for the most part. Your insurance carrier doesn't wanna pay out any more than they have to, but they also wanna make sure that your employees are taken care of. So staying in good communication with them, providing documentation that they need. If you have somebody that's gonna be out work, they may need wage statements. They're gonna want accident investigations that you may have. So keeping in good communication flow with them.