What is the purpose of a Worker's Comp Lost Runs document?

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Multiple Choice

What is the purpose of a Worker's Comp Lost Runs document?

Explanation:
Lost Runs are used to document and track workers' compensation claims, capturing what happened in the incident, a description of the injury, payments that have been made, and the current status of the claim (open or closed). This consolidated view helps employers and insurers monitor claim activity, manage medical and indemnity payments, and set reserve levels while enabling reporting and compliance. It isn’t about attendance, equipment inventory, or scheduling medical appointments, which are separate processes.

Lost Runs are used to document and track workers' compensation claims, capturing what happened in the incident, a description of the injury, payments that have been made, and the current status of the claim (open or closed). This consolidated view helps employers and insurers monitor claim activity, manage medical and indemnity payments, and set reserve levels while enabling reporting and compliance. It isn’t about attendance, equipment inventory, or scheduling medical appointments, which are separate processes.

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