AMAXX

JANUARY 13, 2025

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.

Workers Compensation 98

Workers Compensation Compensation Workers Comp Broker-Agent 98

AMAXX

AUGUST 7, 2024

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.

Workers Compensation 102

Workers Compensation Compensation Workers Comp Premium 102

AMAXX

JANUARY 14, 2025

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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Workers Compensation Compensation Workers Comp Injury 98

AMAXX

MARCH 24, 2025

These employees, known as “general exclusions,” require their payroll to be reported and calculated separately, directly influencing workers compensation premiums. ” Stay tuned to complete your understanding and gain further control over your workers’ compensation premiums. All state laws vary.

Workers Comp 104

Workers Comp Premium Workers Compensation Compensation 104

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

OCTOBER 15, 2024

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. Visit Amaxx Workers’ Comp Training Center for more insights and resources on effective workers’ compensation management.

Workers Compensation 105

Workers Compensation Compensation Workers Comp Injury 105

AMAXX

AUGUST 21, 2024

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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Workers Compensation Compensation Workers Comp Injury 105

AMAXX

OCTOBER 8, 2024

Reduces Workers’ Compensation Costs : Keeping employees engaged in transitional duty roles helps reduce the overall costs associated with workers’ compensation claims. 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 Compensation Compensation Workers Comp Injury 104

AMAXX

OCTOBER 24, 2024

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.

Workers Compensation 105

Workers Compensation Compensation Injury Workers Comp 105

AMAXX

SEPTEMBER 16, 2024

FREE DOWNLOAD: “Step-By-Step Process To Master Workers’ Comp In 90 Days” Document the Incident All workplace injuries should be properly documented as soon as possible. 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

NOVEMBER 5, 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.

Workers Compensation 105

Workers Compensation Compensation Claim Workers Comp 105

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.

Workers Comp 66

Workers Comp Workers Compensation Injury Compensation 66

AMAXX

FEBRUARY 4, 2025

FREE DOWNLOAD: “13 Research Studies to Prove Value of Return-to-Work Program & Gain Stakeholder Buy-In” Business and Financial Benefits of Transitional Duty Lower Workers Compensation Costs : Employees who stay engaged at work tend to have shorter claims duration and fewer legal disputes. All state laws vary.

Workers Comp 97

Workers Comp Workers Compensation Injury Compensation 97

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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Workers Compensation Premium Compensation Workers Comp 91

AMAXX

JANUARY 27, 2025

Click Link to Access Free PDF Download “Step-By-Step Process To Master Workers Comp In 90 Days” Start With Goal of Where You Want to Go We start with a goal of where we want to go. If you’re a service provider, broker care, captive manager, et cetera. Okay, Mr. Senior Manager, this is what we’re working on.

Workers Comp 92

Workers Comp Workers Compensation Injury Compensation 92

AMAXX

DECEMBER 9, 2024

By setting clear criteria for when to use, not use, and stop using NCM, employers can ensure resources are utilized effectively while maintaining optimal outcomes for injured workers. 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 Compensation Compensation Workers Comp Injury 97

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

JANUARY 27, 2025

Revamping a workers compensation (WC) program can transform how companies manage costs and care for injured employees. Below, we explore common errors and provide actionable steps to begin reforming a workers’ comp program. You should consult with your insurance broker, attorney, or qualified professional.

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Workers Comp Injury Workers Compensation Claim 94

AMAXX

MARCH 10, 2025

At the same time, companies must navigate various state and federal laws like the Worker Adjustment and Retraining Notification (WARN) Act, which requires advance notice for mass layoffs or plant closures, allowing employees to plan their future employment. You should consult with your insurance broker, attorney, or qualified professional.

Workers Comp 59

Workers Comp Claim Workers Compensation Injury 59

AMAXX

JANUARY 21, 2025

As the industry evolves, embracing and refining these guidelines will be key to fostering better outcomes and creating a more resilient workers’ compensation system. 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 Injury Workers Compensation Compensation 98

AMAXX

JULY 15, 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.

Workers Compensation 83

Workers Compensation Compensation Claim Workers Comp 83

AMAXX

MARCH 24, 2025

Assignment of Classification Codes Initially, insurance brokers typically assign classification codes when securing coverage for employers. Brokers discuss the nature of the employer’s work to determine the most suitable code. You should consult with your insurance broker, attorney, or qualified professional.

Workers Comp 59

Workers Comp Premium Workers Compensation Compensation 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.

Workers Compensation 75

Workers Compensation Compensation Workers Compensation Insurance Injury 75

AMAXX

FEBRUARY 17, 2025

Click Link to Access Free PDF Download “Avoid the 3 Primary Reasons Injured Workers Hire Attorneys” Common Communication Gaps Workers compensation attorneys frequently cite communication breakdowns as the primary reason injured workers seek legal representation. All state laws vary.

Workers Comp 66

Workers Comp Claim Workers Compensation Injury 66

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.

Workers Comp 102

Workers Comp Claim Workers Compensation Compensation 102

AMAXX

FEBRUARY 25, 2025

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%. Workers’ Comp Roundup Blog: [link] Injury Management Results (IMR) Software: [link] 2025 Amaxx LLC.

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Workers Comp Injury Workers Compensation Claim 80

AMAXX

MARCH 24, 2025

Stay tuned for essential insights that will empower your business to manage and control your workers’ compensation costs effectively. He is co-author of the #1 selling comprehensive training guide Your Ultimate Guide to Mastering Workers Comp Costs: Reduce Costs 20% to 50%. All state laws vary.

Workers Comp 71

Workers Comp Premium Injury Workers 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

AMAXX

FEBRUARY 18, 2025

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%. Workers’ Comp Roundup Blog: [link] Injury Management Results (IMR) Software: [link] 2025 Amaxx LLC.

Workers Comp 91

Workers Comp Injury Workers Compensation Compensation 91

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

MARCH 10, 2025

Strategic layoff planning helps your organization move forward resiliently, equipped to handle both anticipated and unforeseen workers’ compensation challenges. He is co-author of the #1 selling comprehensive training guide Your Ultimate Guide to Mastering Workers Comp Costs: Reduce Costs 20% to 50%. All state laws vary.

Workers Comp 59

Workers Comp Claim Workers Compensation Injury 59

AMAXX

JULY 29, 2024

Claims Management Oversee the workers’ compensation claims process, ensuring timely filing and follow-up. Work with insurance adjusters and third-party administrators to manage and resolve claims efficiently. Workers’ Comp Roundup Blog: [link] Injury Management Results (IMR) Software: [link] ©2024 Amaxx LLC.

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Workers Compensation Injury Compensation Workers Comp 59

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.

Workers Comp 105

Workers Comp Building Workers Compensation Compensation 105

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

JULY 1, 2024

Issues concerning permanent total disability (PTD) benefits are a significant cost driver in workers’ compensation claims. Workers’ Comp Roundup Blog: [link] Injury Management Results (IMR) Software: [link] ©2024 Amaxx LLC. You should consult with your insurance broker, attorney, or qualified professional.

Workers Compensation 52

Workers Compensation Compensation Workers Comp Injury 52

AMAXX

MARCH 11, 2025

Effectively managing workers compensation requires careful oversight and proactive measures to identify and prevent fraudulent or exaggerated claims. He is co-author of the #1 selling comprehensive training guide Your Ultimate Guide to Mastering Workers Comp Costs: Reduce Costs 20% to 50%. All state laws vary.

Workers Comp 52

Workers Comp Claim Workers Compensation Injury 52

AMAXX

SEPTEMBER 10, 2024

Willingness to Handle Workers’ Compensation Cases Workers’ compensation cases come with unique requirements and responsibilities. Your preferred provider must not only accept workers’ compensation cases but also be well-versed in the reporting and communication needs involved. All state laws vary.

Workers Comp 105

Workers Comp Workers Compensation Compensation Injury 105