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Part 1: Workers’ Comp Independent Premium Audits Explained

AMAXX

Click Link to Access Free PDF Download “WorkersComp Claims Review Checklist: 9 Must-Have, Serious-Impact Elements” A common and costly mistake employers make is overlooking allowable payroll deductions. You should consult with your insurance broker, attorney, or qualified professional.

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Workers’ Comp Cost Formula To Accurately Assess Your Risk

AMAXX

When you put all these things together, it ends up being your total workerscomp cost. 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%.

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Understanding the Two Primary Benefits of Workers’ Compensation for Employers

AMAXX

By participating in the workers compensation system, employers can avoid these challenges, maintain focus on their business goals, and foster a stable work environment. Click Link to Access Free PDF Download “Step-By-Step Process To Master Workers Comp In 90 Days” 2. All state laws vary.

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5 Best Practices for Effective Claims Reviews

Risk Management Monitor

In addition to claims experts, it may also be helpful for the carrier’s loss control team to attend, as well as agent/broker staff. For instance, frequent third-party claims for premises liability may have led to restrictions on Med Pay coverage or a higher deductible to give the customer a bigger stake in safety measures.

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