Risk Management Program

The Wyoming Department of Workforce Services provides Risk Management to policy-holder companies.

Risk Management is a study that evaluates each individual company and quantifies its past, current and projected financial losses using company specific Workers’ Compensation data. By utilizing this data, these studies advise employers on benefits, methods, costs and potential savings. Risk Management studies may also involve the coordination of other resources needed to assist a client.

Specifically, a Risk Management Analysis will focus on where a company is experiencing injuries and how those injuries will impact the company financially. The Risk Management Specialist will visit your facility and present the Risk Management Analysis findings to management and employees. The consultant will conduct a multi-media presentation outlining problem areas. Note: The services are free of charge to all Wyoming Workers’ Compensation policyholders.

You may request one of our Risk Management Services using the Risk Management Request form.

Risk Management Services

Risk Management services are offered through Wyoming Workforce Services – Workers’ Compensation Safety and Risk. This specialized team provides multiple services for the employers in the state of Wyoming.

Risk Management Analysis (RMA)

A Risk Management Analysis is a free resource provided to all employers with an active Workers’ Compensation policy. A full RMA provides your company with an individualized presentation that covers:

What your EMR is and how it is calculated
Your company’s current base rate(s)
Premium History
Risk Locations
Injury History with Data Trending
Claims Management
Discounts – How to Apply & Potential Savings
Fraud & What to Do
Policy Contact Information

This service provides the employer’s senior management staff (chief executive officers, chief financial officers, human resources, safety coordinators, managers) with an understanding of their Workers’ Compensation account.

During the RMA, the following items are discussed:

Overview of Risk Management
EMR, base rate and premium rate explanation
Injury trending specific to the company
Claims management techniques
Discount Programs

A Risk Management Analysis gives the employer ideas on how to be proactive in preventing injuries and methods to reduce costs after an injury has occurred. An RMA will focus on where a company is experiencing injuries and how those injuries will impact the company financially. The Risk Managers will present this information by visiting the employer’s facility, phone conference or video conference.

Loss Run Reports

Loss run reports are a great claims management tool, as they provide a detailed list of claims for a given time period. The loss run report will show injury date, claim number, claimant name, claim status, injury type, injury description, medical expenses and indemnity expenses.

You may run a loss run report any time from the PIERS website.

The report includes the following data fields:

Date of injury
Claim number
Claimant name
Claim status
Injury type
Injury description
Medical costs
Medical reserves
Indemnity costs
Indemnity reserves
Case total

Risk Management services are free of charge to all Wyoming Workers’ Compensation policy holders located in Wyoming.

Safety Discount Program

Employers willing to adopt a written health and safety program, with specific requirements, may enroll in the Safety Discount Program. Employers must complete an initial application and submit their written safety program for approval. (View the Health and Safety Program Templates.)

Upon acceptance into the program, employers will be required to complete an annual renewal application.

Safety Discount Application – For new applicants and renewals with policy changes
Safety Discount Renewal Application – For renewals without policy changes
Click here to submit an electronic Safety Discount renewal application – For renewals without policy changes

Drug & Alcohol Program

Employers utilizing a drug testing program may qualify for a base rate discount!

To qualify for the Drug-Free Workplace Discount, employers must be doing 100% pre-employment testing, post-accident testing, reasonable suspicion testing and 20% random drug testing a year.

To view the Substance Abuse Treatment Resources, click here.

Drug & Alcohol Discount Application – For new applicants and renewals with policy changes
Drug & Alcohol Discount Renewal Application – For renewals without policy changes
Submit an electronic Drug & Alcohol Discount renewal application – For renewals without policy changes

Complete information for the premium base rate discount is available in the Rules, Regulations and Fee Schedules of the Wyoming Workers’ Safety and Compensation Division, Chapter 2.

Deductible Program

The Deductible program is designed to provide a cost saving option for Wyoming businesses. With the Deductible Program, an employer could reduce premiums in exchange for an agreement to reimburse the Division for all losses up to a specified deductible amount.

For more information on the Deductible program, click here.

Workplace Safety Contracts – Safety Improvement Fund

The Wyoming Safety Improvement Fund is a program that can help businesses implement health and safety training programs, or assist with the purchase of health and safety equipment. For program details, click here.

Health & Safety Consultation Discount

Employers willing to invite and work with a WCSR Safety Specialist or an OSHA Consultant to correct hazards in the workplace may qualify for a base rate discount.

Student Learner / Student Training Agreements

This program allows for extra-hazardous employers with Workers’ Compensation coverage to enter into a student learner agreement or student training agreement with a school, student, and the Division. Students will be covered under the employer’s Workers’ Compensation policy while gaining real-world experience and school credit or compensation.

Effective July 1, 2021, as a result of HB0239, the employer is responsible for filing the agreement with the Division. If any changes or termination of the agreement occur, the employer is responsible for informing and updating the Division. Please reference Child Labor Requirements and the Wyoming Workers’ Compensation Student Learner Agreements flyer. The Student Learner / Student Training Agreements can be found here. Please complete and follow the submission instructions on the last page.