Case Study: $96,000 Recovered: How One Business Turned a Workers’ Comp Mistake into a Win
Snapshot
💼 Client: Medium-Sized Business
⚡Challenge: Overpayments in workers’ comp
🛠 Solution: Detailed audit by Risk Collective
💰Result: $96,000 recovered
The Challenge
A business had been doing what they thought was right, paying an injured employee well above the legislated workers’ compensation rate. It was a generous move, but it came with hidden costs. Those overpayments weren’t reimbursable under the scheme, and they unintentionally removed the financial incentive for the worker to return to suitable duties.
Our Approach
At Risk Collective, we specialise in detailed workers’ compensation audits that uncover costly errors and help employers stay compliant. In this case, our audit revealed the discrepancy and secured $96,000 in insurer reimbursements for the business. A huge win, not just financially, but in restoring clarity and confidence in their return-to-work processes.
The Outcome
🎯$96,000 recovered
Not just a financial win, this also restored clarity and confidence in the company’s return-to-work processes.
Key Takeaway
Workers’ comp can be complex, and small mistakes can lead to big consequences. If you're unsure whether your current practices are costing you more than they should, we’re here to help.