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Understanding the Key Parties in Workers’ Compensation

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Click Link to Access Free PDF Download “Step-By-Step Process To Master Workers Comp In 90 Days” 3. Brokers and Agents: Employer Advocates Brokers serve as intermediaries between employers and insurance companies. You should consult with your insurance broker, attorney, or qualified professional.

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Understanding the Two Primary Benefits of Workers’ Compensation for Employers

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Exclusivity: Protection Against Lawsuits One of the most significant benefits of workers compensation for employers is the exclusive remedy provision. Under this system, employees who accept workers compensation benefits for a work-related injury or illness forfeit the right to sue their employer for negligence.

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5 Reasons Why Workers’ Compensation Reserves Are Higher Than Expected

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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. 5 Reasons Why Workers’ Compensation Reserves Are Higher Than Expected: 1. You should consult with your insurance broker, attorney, or qualified professional.

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Understanding Classification Rules in Workers’ Compensation

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Classification rules are guidelines used by rating bureaus and insurance companies to categorize businesses based on the type of work they perform. The higher the risk, the higher the workers’ compensation premium for that classification. You should consult with your insurance broker, attorney, or qualified professional.

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Two Main Reasons Why Workers’ Compensation Costs Skyrocket

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This post will dive into the two primary reasons why workerscompensation costs are often higher than they should be, and how employers can take charge of the process to reduce those expenses. Visit Amaxx Workers’ Comp Training Center for more insights and resources on effective workerscompensation management.

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4 Step Process to Successfully Settle More Workers’ Compensation Claims

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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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Physical Therapy, Occupational Therapy, and Vocational Rehab in Workers’ Compensation

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