Businesses face multiple threats that can affect their operations. Legal liabilities, technology malfunctions, accidents, strategic miscalculations, and even natural disasters represent a few of these hazards. Developing a carefully curated risk management strategy is essential for protecting your company against unexpected events.
At Bowen, Miclette & Britt Insurance Agency, LLC, our BMBRisk division offers exceptional capabilities and services to address your unique risk management needs, regardless of company size or industry. Our goal is to complement existing internal risk management efforts. BMBRisk’s broad spectrum of services help with risk identification, assessment, control, and transfer, creating a complete risk management solution.
BMBRisk has the capabilities, experience, and resources to offer a wide range of risk management services to businesses of all sizes in multiple industries, including construction, real estate, manufacturing, transportation, energy, healthcare, and many others.
BMB provides the benefits of a complete business risk management solution that can protect your organization and offer peace of mind. We’ll develop a personal risk management plan to ensure your organization’s protection.
Businesses are susceptible to risk, ranging from legal encounters to natural disasters. Business risk management involves taking appropriate loss control steps to protect your business. Insurance plays a key role in a risk management strategy.
Developing a risk management plan is valuable because it can:
Our BMBRisk division also supports the Enterprise Risk Management (ERM) framework. This holistic risk management approach features the development and implementation of a top-down strategy that encompasses the entire organization.
ERM produces excellent results for larger organizations consisting of multiple business units. Instead of requiring each section to be responsible for its own risk management outcome, ERM focuses on your enterprise as a whole. The result is more consistent decision-making and responses at every level. ERM can instill more confidence throughout the organization regarding the achievement of strategic objectives.
Horizons Managed Care – Performance Based Cost Savings
Horizons Managed Care is one of many service offerings of Bowen, Miclette & Britt’s Risk Management Division, BMBRisk.
Medical Bill Reviews Find Refund Opportunities
If you self-pay for some of your workers’ compensation bills from your providers, be aware, that on average, medical providers mark up their services 20 to 50% above the State’s Fee Schedule rate! With Horizon’s National Medical Bill Review service, you can get a lot of that markup back and more – at no cost to you.
National PPO Gives Discounts on Fees
If you use any provider in our National PPO network for injured worker care, Horizons can get you rates below the state mandated fee schedules. Our PPO network includes over 415,000 facilities and providers throughout the United States. By using our PPO network, you can realize savings ranging up to 30% below the State Fee Schedules.
We Are Here To Support You
Horizons professionals are always available to discuss and explain how our reductions were reached if you are ever challenged. In the past, we have participated in teleconferences to help explain and defend our reductions and have written detailed documents describing how these reductions were reached.
Horizons Managed Care services all add up to significant savings for you. Our managed care professionals are available to discuss better ways to help reduce and contain your workers compensation expenses through these and other services.
Start your workers’ compensation managed care savings now by giving us a call at 713-880-7100 or emailing us at info@BMBinc.com.
The BMBRisk team can help your company prepare for the unexpected and address the threats that could impact the future of your business. Contact us to learn more about our risk management solutions today.
