The time between the workplace accident and when the injury is reported to your carrier or third-party administrator is critical to claim management. Prompt reporting of injuries will benefit both the company and the employee. First, claim costs tend to increase as the lag time increases between the incident and the onset of claim management. Second, prompt reporting enables your third-party administrator to initiate the necessary communication and collaboration between employer, employee and medical provider. Such collaboration will serve to minimize the recovery period and enable the employee to return to work as quickly as possible. Finally, it will allow the claim to be scrutinized in a fashion designed to minimize the potential for fraud, abuse, or unnecessary claim litigation.