AMAXX

JULY 15, 2024

One of the most critical aspects of managing workers’ compensation claims is ensuring that injured employees receive prompt medical treatment. Unfortunately, a common procedural mistake can leave employees in a painful and detrimental limbo: the delay of care due to technicalities in insurance coverage.

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AMAXX

OCTOBER 24, 2024

Workplace injuries can have significant financial and operational impacts on businesses, but the cost to the employee is often much greater. From physical pain to financial insecurity, an injury can be life-altering. Despite this, many employers overlook one of the most critical aspects of workplace injury management: rehabilitation.

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AMAXX

OCTOBER 15, 2024

One of the most significant challenges for employers today is managing the rising costs of workers’ compensation claims. The price tag associated with these claims can severely impact a company’s bottom line if not controlled effectively.

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Workers Compensation Compensation Workers Comp Injury 82

AMAXX

SEPTEMBER 9, 2024

Medical cost containment is an essential aspect of managing workers’ compensation claims effectively. Employers and insurance companies face the challenge of controlling medical costs while ensuring that injured employees receive the care they need. There are conflicting opinions among treating physicians.

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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. However, even the most experienced adjuster can sometimes under-reserve a claim, leading to financial surprises later on. Is the Cost for the Claim for Life?

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Workers Compensation Compensation Workers Comp Injury 88

AMAXX

OCTOBER 28, 2024

Every session seemed to touch on AI in some form, particularly in how it’s being used in workers’ comp and claims analysis. These are the foundational elements: empathy, communication, medical support, managing claims, and getting people back to work. They will evolve as technology advances. All state laws vary.

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AMAXX

JULY 1, 2024

Issues concerning permanent total disability (PTD) benefits are a significant cost driver in workers’ compensation claims. When facing these claims, members of the claim management team and other interested stakeholders need to identify the issues early on, evaluate and develop defenses, and avoid costly mistakes.

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AMAXX

OCTOBER 8, 2024

Transitional duty allows employees to return to the workplace in a modified capacity while they continue to recover from their injuries. These programs offer significant benefits, not only by speeding up recovery but also by minimizing the financial impact of workers’ compensation claims on employers.

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Workers Compensation Compensation Workers Comp Injury 75

AMAXX

NOVEMBER 12, 2024

For every response, Paradigm made a donation—$4,000 in total—to Kids’ Chance of America, a nonprofit dedicated to helping the children of those affected by catastrophic workplace injuries and Paradigm’s core philanthropic partner. Their stories underscored Paradigm’s commitment to a team-based approach to care.

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AMAXX

JULY 8, 2024

Even if it is not an explicit requirement, it should be a starting point for interested stakeholders seeking to defend PTD claims. When looking at job search issues, there are several factors to consider when handling the claim and crafting your defenses. Consideration of the employee’s emotional needs. Work schedule considerations.

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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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AMAXX

AUGUST 12, 2024

In workers’ compensation, communication with injured workers is a critical aspect that can significantly influence the outcome of a claim. It helps to build trust between the worker, the employer, and the claims management team. It’s essential to communicate the process clearly and straightforwardly.

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Workers Compensation Workers Comp Injury Compensation 84

AMAXX

JULY 9, 2024

Defending Permanent and Total Disability (PTD) cases presents many challenges for the claim management team and other interested stakeholders. 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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Workers Compensation Workers Comp Injury Compensation 52

Protect Commercial Insurance

JULY 26, 2024

In this article, we will provide you with four essential tips to help you understand your coverage needs, find the best rates, review and update your policy regularly, and work with an experienced insurance broker. Product Liability Insurance As a tailor, you create and sell products to your customers. Let’s dive in!

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AMAXX

SEPTEMBER 10, 2024

” Prompt Appointment Scheduling Time is of the essence when an injury occurs. Efficient Communication of Medical Records Communication is critical, especially when it comes to sharing medical records with insurance claims adjusters or your company. Contact: mstack@reduceyourworkerscomp.com. All state laws vary.

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Workers Comp Workers Compensation Compensation Injury 79

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. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers’ Comp Training Center. All state laws vary.

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Policy Workers Comp Workers Compensation Injury 75

AMAXX

AUGUST 7, 2024

The purpose of these rules is to ensure that employers pay an appropriate premium that reflects the risk of workplace injuries associated with their industry. For example, a construction company would generally have a higher classification rate than an office-based business due to the higher risk of injury on a construction site.

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Workers Compensation Compensation Workers Comp Premium 72

Protect Commercial Insurance

SEPTEMBER 20, 2024

Whether you’re fitting kitchens or fixing roofs, liability insurance provides a safety net. It covers you against claims of property damage, personal injury, or negligence. Let’s dive into the essentials of liability insurance and what it means for your business.

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LexisNexis

OCTOBER 10, 2024

If the PEO’s insurance company is paying benefits, there is no need to join the servicing agent or special employer. If a PEO or employee leasing company claims to be self-insured, investigate that claim. effective 1-1-2013, prohibits PEOs and employee leasing companies from self-insurance. Labor Code section 3701.9,

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Workers Compensation Compensation Workers Compensation Insurance Injury 75

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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Workers Comp Injury Workers Compensation Compensation 78

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

Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers’ Comp Training Center. WC Mastery Training teaching injury management best practices such as return to work, communication, claims best practices, medical management, and working with vendors. Contact: mstack@reduceyourworkerscomp.com.

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Workers Comp Workers Compensation Injury Building 76

Jackson & Jackson

MAY 22, 2024

. “Understanding Multi-Family Property Insurance” Commercial property insurance is a vital safeguard for property owners, protecting their assets against various risks. It covers property damage, loss of income, liability claims, etc.

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LexisNexis

OCTOBER 22, 2024

Large numbers of insurance brokers, employer HR departments, insurance and TPA claims departments, attorneys, and other companies servicing the workers’ compensation industry shifted to a remote work model. The after-effects of the COVID epidemic are still evident in the California system. Workers' Comp. Appeals Bd.

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Property Insurance Centre

JANUARY 4, 2024

This ensures that insured properties are adequately valued and properly insured, reducing the risk of financial loss in the event of a claim. Labour Costs and Insurance Premiums Labour costs are another significant factor affected by inflation.

Property Insurance 52

Property Insurance Commercial Property Liability Premium 52

Property Insurance Centre

JANUARY 30, 2024

When selecting an insurance policy, factors such as the type of tenants, unoccupied flats, and the risk of water leaks and subsidence should be taken into account. It’s essential to accurately determine the rebuild cost of the property and disclose any claims history. What is Block of Flats Insurance?

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Property Insurance Centre

MAY 20, 2024

Consequences of Underinsurance In the event of a claim on the block insurance policy , the insurer or its appointed loss adjuster may check to see that the Declared Value is adequate. If it is not, they may rely upon a clause within the insurance policy called Average, Average Condition, or Underinsurance.

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Distinguished

SEPTEMBER 10, 2024

These include: Damage done intentionally to a covered item Injuries to employees working on the project Costs related to manufacturing defects Damages related to terrorism, nuclear attacks, or military actions Other policies should offer coverage for some of these risks. Our Builder’s Risk program does not cover some specific risks.

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Cover4LetProperty

OCTOBER 10, 2022

In practice, there may be many variations and additional elements of cover provided by your landlord insurance policy (such as the loss of rental income that we have already mentioned) – and it is typically a broker’s responsibility to help you understand what those additional areas are and how they might benefit you.

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AMAXX

JULY 23, 2024

Effective Return-to-Work programs can significantly reduce the costs associated with workers’ compensation claims. Studies have shown that a small percentage of workers’ compensation claims account for a large portion of the costs. For example, 5% of claims can account for up to 80% of workers’ compensation expenses.

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Workers Comp Injury Workers Compensation Compensation 52

Word & Brown

OCTOBER 20, 2024

It’s not just about meeting legal requirements—getting licensed also builds trust with clients and opens doors to a rewarding career in health insurance. Whether you’re exploring a new career path or aiming to expand your expertise, understanding the steps to becoming a licensed insurance broker is critical.

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