AMAXX

AUGUST 7, 2024

The higher the risk, the higher the workers’ compensation premium for that classification. These rules are established by rating organizations like the National Council on Compensation Insurance (NCCI) in most states, though some states have their own rating bureaus.

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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. Example: Consider a nurse who has suffered a back injury and is unable to perform patient transfers.

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AMAXX

DECEMBER 2, 2024

Managing work-related injuries and illnesses effectively requires a well-coordinated approach. By adhering to best practices, a medical director can significantly enhance the efficiency and outcomes of workplace injury management ( How to Calculate Cost per FTE Metric to Show Workers’ Comp as Profit Center ).

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AMAXX

AUGUST 27, 2024

Supervisors play a critical role in the management of workplace injuries. They are often the first to respond when an employee is hurt and are responsible for guiding both the injured employee and the organization through the post-injury process. First Responder Role: When an injury occurs, the supervisor is often the first to know.

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AMAXX

JULY 29, 2024

In the realm of workers’ compensation, the role of an injury coordinator is pivotal. This position is crucial for managing the complex processes associated with workplace injuries, ensuring both compliance with regulations and the well-being of employees.

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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

AUGUST 26, 2024

To better grasp this, let’s walk through a hypothetical scenario that illustrates two different supervisor responses to an employee’s injury and explore the potential consequences of each approach. Then, we’ll talk about how we can work together to accommodate your injury and help you return to the team as soon as possible.”

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AMAXX

SEPTEMBER 23, 2024

These metrics are fundamental in determining the experience modification factor (often called “mod”), which ultimately influences the cost an employer will pay for workers’ compensation insurance. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers’ Comp Training Center.

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AMAXX

DECEMBER 9, 2024

Eager and Compliant Employees Workers who are motivated to recover, comply with their treatment plans, and focus on their abilities are less likely to benefit from NCM. Non-Severe Injuries Without Lost Time Claims involving minor injuries that dont require time away from work typically dont justify the cost of nurse case management.

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AMAXX

JULY 1, 2024

Issues concerning permanent total disability (PTD) benefits are a significant cost driver in workers’ compensation claims. Click Link to Access Free PDF Download “8 ‘Think Outside the Box’ Tactics to Settle Workers’ Comp Claims” PTD is a concept usually defined in statute but clarified in case law.

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Workers Compensation Compensation Workers Comp Injury 52

AMAXX

JANUARY 6, 2025

When embarking on the journey to master workers compensation, the road is well-traveled and marked by proven strategies. Our three components to achieve workers comp mastery are: Framework , Employer Controls , and External Controls. Workers compensation programs are multifaceted, and leaders often struggle to prioritize.

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AMAXX

JULY 15, 2024

This delay typically occurs when there is uncertainty about whether the injury is work-related, resulting in neither workers’ compensation nor general health insurance covering the initial treatment. Example: Consider John, who reports a shoulder injury first thing on a Monday morning.

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AMAXX

DECEMBER 19, 2024

In the context of workers compensation, fostering a similar collaborative environment can lead to earlier injury reporting, effective hazard identification, and creative solutions for return-to-work programs, ultimately reducing costs. Communicate Expectations Clearly: Transparency fosters collaboration.

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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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AMAXX

SEPTEMBER 10, 2024

” Prompt Appointment Scheduling Time is of the essence when an injury occurs. Willingness to Handle Workers’ Compensation Cases Workers’ compensation cases come with unique requirements and responsibilities. You should consult with your insurance broker, attorney, or qualified professional.

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Workers Comp Workers Compensation Compensation Injury 81

LexisNexis

OCTOBER 22, 2024

By Julius Young, Richard Jacobsmeyer, Barry Bloom, Editors-in-Chief for Herlick, California Workers’ Compensation Handbook [Note: This article is excerpted from the upcoming 2025 edition of Herlick, California Workers’ Compensation Handbook. The AI revolution is starting to come to workers’ compensation.

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AMAXX

AUGUST 12, 2024

In workers’ compensation, communication with injured workers is a critical aspect that can significantly influence the outcome of a claim. Proper communication helps facilitate a smooth return-to-work process and plays a crucial role in maintaining the injured worker’s morale and engagement with the organization.

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AMAXX

NOVEMBER 12, 2024

Portraits of Purpose” engagement activity at Paradigm’s booth, invited participants to share the driving force behind their work in the workers’ compensation industry. The session also emphasized the role of workplace support and accommodations , which are vital for enabling injured workers to return to their lives and jobs.

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Workers Comp Workers Compensation Injury Compensation 81

Word & Brown

DECEMBER 10, 2024

All businesses with workers in California and Nevada are required to have Workers Compensation Insurance. But do you know that Word & Browns partnership with CompNet Insurance Solutions makes it easy for you to offer Workers Comp coverage? What Is Workers Comp? Nevada followed in 1913. Nevada followed in 1913.

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AMAXX

OCTOBER 7, 2024

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%. You should consult with your insurance broker, attorney, or qualified professional.

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AMAXX

OCTOBER 28, 2024

Remember, workers’ compensation can have a dramatic impact on your company’s bottom line, but more importantly, it can have a life-changing impact on the individuals you serve. He is co-author of the #1 selling comprehensive training guide “Your Ultimate Guide to Mastering Workers’ Comp Costs: Reduce Costs 20% to 50%.”

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Workers Comp Workers Compensation Compensation Injury 85

AMAXX

NOVEMBER 26, 2024

Get Immediate Treatment : Ensure that employees have access to immediate medical care following an injury. This can be done by partnering with clinics or healthcare providers that can see injured workers right away. Workers’ compensation is meant to help employees recover and return to work as soon as safely possible.

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AMAXX

SEPTEMBER 9, 2024

A board-certified physician reviews whether the injured worker is receiving the best possible care for their injury and identifies areas where the treating physician may lack knowledge or deviate from standard medical care. Diagnosis and prognosis remain unclear, or the disability period is disproportionate to the injury.

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AMAXX

SEPTEMBER 3, 2024

Employee Resistance : Sometimes, employees may be hesitant or resistant to returning to work, often due to fear of re-injury, perceived inadequacies in their abilities post-injury, or psychological factors such as anxiety or depression. You should consult with your insurance broker, attorney, or qualified professional.

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AMAXX

JULY 9, 2024

These matters must be considered when seeking to maximize the efficiency of any workers’ compensation program and reduce costs. Never discount the opportunity for the employee to return to the date of injury to the employer. In addition to a focus on job search issues, there are other defenses to consider.

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Risk Management Monitor

SEPTEMBER 21, 2021

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. Another company may have an unusually high experience modification rate that they want to bring down by reducing the frequency of worker injuries.

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AMAXX

JULY 8, 2024

Employees working jobs that involve a “creative” component can serve as a barrier if the post-injury work does not bring the same level of satisfaction. Click Link to Access Free PDF Download “The 6-Step Process To Determine Workers’ Comp Injury Causation” Nature of work available. Work schedule considerations.

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Workers Comp Workers Compensation Injury Compensation 52

AMAXX

NOVEMBER 11, 2024

Let’s look at how this issue manifests and how to address it: Wage Continuation Policies : Full salary or benefits exceeding pre-injury earnings can disincentivize returning to work. He is co-author of the #1 selling comprehensive training guide “Your Ultimate Guide to Mastering Workers’ Comp Costs: Reduce Costs 20% to 50%.”

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AMAXX

JANUARY 15, 2025

Michael Stack, CEO of Amaxx LLC, is an expert workers compensation cost containment systems and provides education, training, and consulting to help employers reduce their workers compensation costs by 20% to 50%. You should consult with your insurance broker, attorney, or qualified professional.

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Workers Comp Workers Compensation Premium Injury 66

AMAXX

DECEMBER 9, 2024

” Triggers to Use Nurse Case Lost Time Claims Injured workers who are off work typically need guidance and help to ensure they understand the workers’ compensation process and are complying with medical treatment recommendations. You should consult with your insurance broker, attorney, or qualified professional.

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AMAXX

JULY 30, 2024

And this is by documentation, by risk control systems, by your return to work plans, by your completed first reports of injury, by your injury reports, etcetera, your communication, your protocols, how you’re doing it, what’s your system, why is your mod, you know, at a 1.7, Contact: mstack@reduceyourworkerscomp.com.

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AMAXX

NOVEMBER 19, 2024

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%. You should consult with your insurance broker, attorney, or qualified professional.

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Word & Brown

DECEMBER 11, 2024

Having disability insurance can help an individual maintain a regular income (and associated lifestyle) when unable to work due to a new illness or injury. Work-related disability is covered by Workers Compensation insurance. A person cannot generally qualify for both Workers Compensation and STD for the same incident.

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Jackson & Jackson

NOVEMBER 16, 2024

Workers’ Compensation Insurance California law requires businesses with employees to have workers’ compensation insurance. Why it’s critical in California : Failing to carry workers’ comp can lead to fines and penalties. Secure your IT business today—because peace of mind is priceless.

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AMAXX

JULY 23, 2024

For instance, a lengthy study conducted in London found that injured workers who continued working had shorter recovery times and longer life expectancies compared to those who were out of work. The probability of returning to work decreases significantly after the first 12 weeks following an injury, underscoring the need for prompt action.

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New Jersey Workers' Comp

APRIL 3, 2024

For those who do not like workers’ compensation, blame Otto Von Bismarck. Yes, the man known as the Iron Chancellor, who united all the kingdoms and states into one Germany, passed the first modern workers’ compensation law in 1874. On April 4, 2024, New Jersey marks its 113 th year of workers’ compensation.

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