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

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

OCTOBER 15, 2024

One of the most significant challenges for employers today is managing the rising costs of workers’ compensation claims. This post will dive into the two primary reasons why workers’ compensation costs are often higher than they should be, and how employers can take charge of the process to reduce those expenses.

Workers Compensation 105

Workers Compensation Compensation Workers Comp Injury 105

Solstice Insurance Broker

SEPTEMBER 25, 2024

In the highly competitive field of health insurance sales, agents are constantly seeking ways to enhance their commissions. Distinguishing your business from the competition is essential.

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Broker Agents Insurer Insured 147

AMAXX

MARCH 18, 2025

She was given a list of four medical providers but found that: Two providers did not accept workers compensation patients. One provider accepted workers compensation but was not taking new patients. Solution: Employers must routinely verify that the medical providers they recommend: Accept workers compensation cases.

Workers Comp 94

Workers Comp Workers Compensation Injury Compensation 94

AMAXX

AUGUST 21, 2024

In the complex world of workers’ compensation, setting accurate reserves is a critical task for adjusters. 5 Reasons Why Workers’ Compensation Reserves Are Higher Than Expected: 1. 5 Reasons Why Workers’ Compensation Reserves Are Higher Than Expected: 1. Is the Cost for the Claim for Life?

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Workers Compensation Compensation Workers Comp Injury 105

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

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.

Workers Compensation 93

Workers Compensation Compensation Injury Workers Comp 93

Insurance Journal

JANUARY 14, 2025

Be a part of the industry’s favorite salary survey while learning more about agency compensation … We invite ALL retail agency owners, principals, producers, CSRs the entire agency to participate in Insurance Journal’s annual independent insurance agency salary survey.

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Compensation Insurance Agency Broker-Agent Insurer 254

AMAXX

NOVEMBER 5, 2024

Successfully settling workers’ compensation (WC) claims can significantly reduce costs and streamline processes for employers and insurers. Conclusion Successfully settling workers’ compensation claims requires a strategic blend of early identification, collaborative team efforts, empathetic engagement, and sharp negotiation.

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Workers Compensation Compensation Claim Workers Comp 105

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. 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 104

AMAXX

OCTOBER 24, 2024

This not only benefits the employee but also the employer by reducing workers’ compensation costs and minimizing downtime. The Role of Physical Therapy in Workers’ Compensation Physical therapy plays a significant role in the workers’ compensation process by improving recovery rates and facilitating quicker returns to work.

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Workers Compensation Compensation Injury Workers Comp 105

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. Ensuring Fairness In a system as diverse as workers’ compensation, consistency is key. You should consult with your insurance broker, attorney, or qualified professional.

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Workers Comp Injury Workers Compensation Compensation 98

AMAXX

SEPTEMBER 16, 2024

This helps in managing workers’ compensation costs more effectively, as the employer takes the lead in coordinating care and managing the return-to-work 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

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. Conclusion An effective transitional duty policy supports injured employees while controlling workers’ compensation costs. All state laws vary.

Workers Comp 97

Workers Comp Workers Compensation Injury Compensation 97

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

AMAXX

JULY 15, 2024

One of the most critical aspects of managing workers’ compensation claims is ensuring that injured employees receive prompt medical treatment. Mistake #1: Delayed Care Due to Uncertainty A significant mistake in handling workers’ compensation claims is delaying medical treatment for injured employee s.

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Workers Compensation Compensation Claim Workers Comp 83

AMAXX

DECEMBER 9, 2024

This post is one in a 2-part series: Part 1 of 2: Understanding Nurse Case Management and When to Use It Part 2 of 2: When Not to Use Nurse Case Management in Workers’ Compensation When to STOP Using Nurse Case Management Equally critical is defining when to stop using NCM on a file. All state laws vary.

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Workers Compensation Compensation Workers Comp Injury 97

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

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

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. Prolong their recovery.

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Workers Comp Workers Compensation Injury Compensation 66

AMAXX

JANUARY 27, 2025

If you’re a service provider, broker care, captive manager, et cetera. Michael Stack, CEO of Amaxx LLC, is an expert in workers compensation cost containment systems and provides education, training, and consulting to help employers reduce their workers compensation costs by 20% to 50%. All state laws vary.

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Workers Comp Workers Compensation Injury Compensation 92

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

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

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. You should consult with your insurance broker, attorney, or qualified professional. All state laws vary.

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Workers Comp Claim Workers Compensation Injury 59

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

MARCH 10, 2025

Mass layoffs or company closures can trigger a significant increase in workers’ compensation claimssome legitimate, others potentially unsubstantiated. You should consult with your insurance broker, attorney, or qualified professional. All rights reserved under International Copyright Law. All state laws vary.

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Workers Comp Claim Workers Compensation Injury 59

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. However, this approach is unproductive. Instead of pointing fingers, focus on constructive dialogue.

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Workers Comp Claim Workers Compensation Compensation 102

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. You should consult with your insurance broker, attorney, or qualified professional. All rights reserved under International Copyright Law. All state laws vary.

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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%+. You should consult with your insurance broker, attorney, or qualified professional. However, some cases present challenges that require a more strategic approach.

Workers Comp 91

Workers Comp Injury Workers Compensation Compensation 91

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

Word & Brown

APRIL 2, 2025

As a broker, understanding what a PEO is , how it works, and when it makes sense for your clients can open new doorsfor your clients and your commissions. PEO Advantages for Brokers There are many PEO advantages for you, too. Hi, Mr. Broker. Hi, broker. Heres what you need to know. What is a PEO? Whats the reason?

Workers Comp 52

Workers Comp Broker Workers Compensation Insurance Broker 52

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. You should consult with your insurance broker, attorney, or qualified professional. All rights reserved under International Copyright Law. All state laws vary.

Workers Comp 66

Workers Comp Claim Workers Compensation Injury 66

Smart Insurance Agents

SEPTEMBER 28, 2024

A broker for medical insurance can simplify the process. In this article, we’ll explain the benefits of using a broker, how to find a reliable one, and key questions you should ask. This guidance is particularly valuable as brokers have a legal obligation in many states to assist clients in finding the most appropriate insurance plans.

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Broker Broker-Agent Insurance Broker Insurance 52

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.

Workers Comp 71

Workers Comp Workers Compensation Injury Compensation 71

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. Now is the time to consider these factors to reduce workers compensation program costs. All state laws vary.

Workers Compensation 59

Workers Compensation Workers Comp Injury Compensation 59

Smart Insurance Agents

OCTOBER 16, 2024

A medical health insurance broker helps you choose the best health insurance plan tailored to your needs. Unlike agents tied to one insurer, brokers work with multiple companies to give you unbiased options. This article will explain how brokers operate, the benefits of using one, and how to find the right broker for you.

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Insurance Broker Broker Broker-Agent Out-Of-Pocket Expense 52