AMAXX

MARCH 10, 2025

In the first part of our series, we emphasized the importance of thoughtful layoff planning to mitigate the risk of increased workers’ compensation claims following a workforce reduction or facility closure. This reduces the potential for prolonged indemnity claims continuing after layoffs.

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Workers Comp Claim Workers Compensation Injury 59

AMAXX

NOVEMBER 5, 2024

Successfully settling workers’ compensation (WC) claims can significantly reduce costs and streamline processes for employers and insurers. By adhering to a proven four-step process, organizations can consistently achieve better claim outcomes. One key trigger is the injured worker reaching medical stability.

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Workers Compensation Compensation Claim Workers Comp 105

AMAXX

MARCH 24, 2025

In this three-part series, we are examining nine elements of independent premium audits to help you better understand and control your workers’ compensation premiums. Understanding these areas will further empower you to identify premium savings opportunities and maintain precise control over your workers’ compensation costs.

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Workers Comp Premium Workers Compensation Compensation 104

AMAXX

FEBRUARY 17, 2025

When a worker is injured, their experience in the workers’ compensation system can have a profound impact on their recovery, return to work, and overall job satisfaction. However, implementing strong communication strategies can significantly improve claim outcomes and reduce unnecessary legal battles.

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Workers Comp Claim Workers Compensation Injury 66

AMAXX

MARCH 18, 2025

These errors can have significant consequences, including prolonged recovery times, increased claims costs, and a greater likelihood of litigation. She was given a list of four medical providers but found that: Two providers did not accept workers compensation patients. The only available provider was 70 miles away.

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Workers Comp Workers Compensation Injury Compensation 94

AMAXX

JANUARY 21, 2025

In the complex world of workers’ compensation, achieving optimal outcomes for injured workers requires a blend of precision, consistency, and empathy. By setting clear expectations, these guidelines help manage claims efficiently, promote recovery, and ensure equitable treatment for injured workers.

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Workers Comp Injury Workers Compensation Compensation 98

AMAXX

JANUARY 13, 2025

Navigating workers’ compensation can be complex, with various parties working together to ensure effective claims management and cost containment. Lets explore the roles of these critical players in a workers’ compensation system.

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AMAXX

JULY 15, 2024

One of the most critical aspects of managing workers’ compensation claims is ensuring that injured employees receive prompt medical treatment. Understanding the importance of quickly reporting claims and reducing lag time is key to preventing such scenarios. This can have dire consequences for the injured employee.

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Workers Compensation Compensation Claim Workers Comp 83

AMAXX

MARCH 11, 2025

Effectively managing workers compensation requires careful oversight and proactive measures to identify and prevent fraudulent or exaggerated claims. Surveillance serves as a powerful tool in validating claims, protecting your organizations financial health, and ensuring resources are dedicated to genuinely injured employees.

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Workers Comp Claim Workers Compensation Injury 52

AMAXX

OCTOBER 15, 2024

One of the most significant challenges for employers today is managing the rising costs of workers’ compensation claims. The price tag associated with these claims can severely impact a company’s bottom line if not controlled effectively.

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Workers Compensation Compensation Workers Comp Injury 105

AMAXX

OCTOBER 1, 2024

When managing workers’ compensation, a claim audit or review is a crucial opportunity for employers, carriers, TPAs (Third-Party Administrators), and brokers to come together and optimize claim-handling practices. Here’s how to effectively plan and prepare for a successful claim audit or review.

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Workers Comp Claim Workers Compensation Compensation 102

AMAXX

AUGUST 21, 2024

In the complex world of workers’ compensation, setting accurate reserves is a critical task for adjusters. Reserves are the funds set aside by an insurer to cover the future costs of a claim, including medical expenses, lost wages, and other associated costs. Is the Cost for the Claim for Life?

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Workers Compensation Compensation Workers Comp Injury 105

AMAXX

JANUARY 27, 2025

Revamping a workers compensation (WC) program can transform how companies manage costs and care for injured employees. Employers must recognize that effective workers comp management requires proactive employer involvement and robust internal processes to support external partners, emphasizing teamwork in workers’ compensation programs.

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Workers Comp Injury Workers Compensation Claim 94

AMAXX

JANUARY 14, 2025

Workers’ compensation programs are a cornerstone of workplace safety and risk management. Exclusivity: Protection Against Lawsuits One of the most significant benefits of workers compensation for employers is the exclusive remedy provision. Litigation, especially in cases of workplace accidents, can be costly and time-consuming.

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Workers Compensation Compensation Workers Comp Injury 98

AMAXX

OCTOBER 7, 2024

Claims audits and reviews are one of the most commonly used tactics by companies to control workers’ compensation costs. In fact, according to the RIMS 2009 Annual Benchmark Survey, 90% of companies had conducted a claim audit or review of at least some of their claims within the previous six months.

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Workers Comp Claim Workers Compensation Compensation 105

AMAXX

FEBRUARY 4, 2025

A structured Return-to-Work (RTW) program is one of the most effective ways to reduce workers’ compensation costs and improve employee recovery outcomes. These assignments help businesses manage claims costs, reduce lost workdays, and maintain workforce productivity. Contact: mstack@reduceyourworkerscomp.com. All state laws vary.

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Workers Comp Workers Compensation Injury Compensation 97

AMAXX

AUGUST 7, 2024

When it comes to managing workers’ compensation, understanding classification rules is fundamental. The higher the risk, the higher the workers’ compensation premium for that classification. Be Proactive About Audits : Workers’ compensation audits are a routine part of ensuring that businesses are accurately classified.

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Workers Compensation Compensation Workers Comp Premium 102

AMAXX

MARCH 24, 2025

When an employer receives a revised workers’ compensation premium bill, the accuracy of the bill can be uncertain and confusing. This series of articles will provide clarity on what independent premium auditors evaluate, with practical insights to help you navigate the complexities of workers’ compensation premium audits.

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Workers Comp Premium Injury Workers Compensation 71

AMAXX

SEPTEMBER 23, 2024

When it comes to calculating workers’ compensation premiums, two critical factors play a significant role: the frequency and severity of claims. Frequency: The Stronger Driver of Premiums In the world of workers’ compensation, frequency refers to how often claims are filed.

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Workers Compensation Premium Compensation Workers Comp 91

Property Insurance Centre

FEBRUARY 24, 2025

How a Liability Claim Can Ruin Your Business And How to Protect Yourself No matter how well you run your business, a single liability claim can have devastating consequences. The Financial Toll of a Liability Claim A lawsuit can lead to crippling legal expenses, compensation payouts, and increased insurance premiums.

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Liability Protection Claim Property Insurance 52

AMAXX

MARCH 17, 2025

There are elements in your workers compensation program that may be creating challenges without you even realizing it. Drivers of Human Behavior in Workers Compensation The science of human behavior has been studied extensively, and one of the most insightful works on the subject is Drive by Daniel Pink. The unintended consequence?

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Workers Comp Workers Compensation Injury Compensation 66

AMAXX

OCTOBER 8, 2024

In the world of workers’ compensation, one of the most powerful strategies for managing costs while helping injured employees return to work is the implementation of a transitional duty (TD) program. Transitional duty allows employees to return to the workplace in a modified capacity while they continue to recover from their injuries.

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Workers Compensation Compensation Workers Comp Injury 104

AMAXX

OCTOBER 24, 2024

Click Link to Access Free PDF Download “8 ‘Think Outside the Box’ Tactics to Settle Workers’ Comp Claims” Take, for instance, an employee who tears their medial meniscus. This not only benefits the employee but also the employer by reducing workers’ compensation costs and minimizing downtime.

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Workers Compensation Compensation Injury Workers Comp 105

AMAXX

MARCH 24, 2025

Now, we address the remaining elements that auditors consider essential in ensuring you fully optimize your workers’ compensation premium calculations, highlighting scenarios that often require particular attention and strategic management. Brokers discuss the nature of the employer’s work to determine the most suitable code.

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Workers Comp Premium Workers Compensation Compensation 59

AMAXX

DECEMBER 2, 2024

At the heart of this process is the medical director, medical department, or consultant, who plays a pivotal role in interpreting medical jargon and facilitating smooth communication between medical professionals, injured employees, and the workers’ compensation team.

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Workers Compensation Compensation Injury Workers Comp 93

AMAXX

SEPTEMBER 16, 2024

Moreover, a consistent approach allows the employer to control the narrative from the outset, preventing external parties—such as doctors, lawyers, or claims adjusters—from driving the process. Proper documentation not only aids in managing the workers’ compensation claim but also helps protect the employer against potential legal challenges.

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Injury Workers Compensation Compensation Workers Comp 105

AMAXX

JANUARY 27, 2025

If you’re a service provider, broker care, captive manager, et cetera. It might be too many claims. It might be too many open claims. WC Mastery Training teaching injury management best practices such as return to work, communication, claims best practices, medical management, and working with vendors.

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Workers Comp Workers Compensation Injury Compensation 92

AMAXX

FEBRUARY 25, 2025

Once employers and adjusters understand the value of evidence-based medicine (EBM) in workers’ compensation claims, the next challenge is applying it effectively. EBM helps ensure that medical treatments align with standardized recovery timelines, reducing unnecessary disability durations and claim costs.

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Workers Comp Injury Workers Compensation Claim 80

AMAXX

FEBRUARY 18, 2025

Achieving a 90% return-to-work rate within 0-4 days is the gold standard for managing workers’ compensation claims, with best-in-class organizations reaching 95%+. However, some cases present challenges that require a more strategic approach. Contact: mstack@reduceyourworkerscomp.com.

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Workers Comp Injury Workers Compensation Compensation 91

R&R Insurance

FEBRUARY 20, 2025

On October 1, 2024 Wisconsin continued its trend entering a ninth consecutive year of reduced workers compensation insurance rates. Workers compensation rates are state mandated in Wisconsin, meaning all insurance carriers must use the same rates resulting in premiums from one carrier to another are basically the same.

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Workers Compensation Insurance Carrier Premium Compensation 52

AMAXX

DECEMBER 9, 2024

Some claims do not benefit from having a nurse assigned to the file because the role of educating, advocating, or ensuring compliance with medical treatment is already fulfilled in another manner. You should consult with your insurance broker, attorney, or qualified professional. All state laws vary.

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Workers Compensation Compensation Workers Comp Injury 97

AMAXX

FEBRUARY 11, 2025

As a general rule, workers compensation insurance is the primary insurance, which requires the claim team to investigate and make determinations regarding compensability and subrogation rights. This requires them to take a crash course in claims investigation literally.

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Workers Compensation Workers Comp Injury Compensation 59

AMAXX

FEBRUARY 10, 2025

Their response in the first moments after an injury determines whether the process leads to a smooth recovery or spirals into an expensive, drawn-out claim. The Impact of Early, Effective Response A 2012 study by Liberty Mutual demonstrated how swift and supportive injury response can reduce costs by 40% and claim duration by 58%.

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Injury Workers Comp Workers Compensation Claim 66

AMAXX

MARCH 4, 2025

By shifting your perspective from compliance-as-burden to compliance-as-advantage, you can leverage OSHA requirements to create a safer, more productive workplace, reduce workers compensation costs , and enhance your company’s reputation. You should consult with your insurance broker, attorney, or qualified professional.

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Workers Comp Workers Compensation Injury Compensation 71

LexisNexis

OCTOBER 10, 2024

Rassp, Presiding Judge, WCAB Los Angeles, California Division of Workers’ Compensation Disclaimer: The material and any opinions contained in this article are solely those of the authors and are not the opinions of the Department of Industrial Relations, Division of Workers’ Compensation, or the WCAB, or any other entity or individual.

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Workers Compensation Compensation Workers Compensation Insurance Injury 75

AMAXX

JULY 29, 2024

In the realm of workers’ compensation, the role of an injury coordinator is pivotal. Based on the comprehensive guide from the Workers’ Compensation Manual, this blog will explore the responsibilities, best practices, and significance of an injury coordinator in an organization.

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Workers Compensation Injury Compensation Workers Comp 59

Risk Management Monitor

SEPTEMBER 21, 2021

With the cost of insurance for businesses rising across many types of coverage, staying on top of trends in the claims portfolio is more important than ever. For this reason, many insurers and TPAs promise to conduct claims reviews with their business customers on a regular basis, but the rigor can vary greatly.

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