AMAXX

FEBRUARY 24, 2025

However, there are times when the NCM doesn’t serve a specific purpose and is assigned to the claim to get it moving. Ask your third-party administrator or adjuster to work with you to determine when nurses are needed to resolve claims quickly and ensure good-quality medical care for employees. All state laws vary.

Workers Compensation 66

Workers Compensation Workers Comp Compensation Claim 66

AMAXX

FEBRUARY 17, 2025

However, implementing strong communication strategies can significantly improve claim outcomes and reduce unnecessary legal battles. The 2014 Predictors of Worker Outcomes Study surveyed 4,800 injured workers across 12 states and found that fear of being fired was a major predictor of poor claim outcomes.

Workers Comp 66

Workers Comp Claim Workers Compensation Injury 66

AMAXX

MARCH 10, 2025

Proper layoff planning isn’t just about handling employment transitions; it’s crucial for controlling claims costs and ensuring that resources are available to support genuinely injured workers. Enhance Claims Handling Capacity Prepare for an uptick in claims by adding staff who can handle the additional workload effectively.

Workers Comp 59

Workers Comp Claim Workers Compensation Injury 59

Insurance Journal

AUGUST 18, 2024

After losing two bids to recover $15 million from its insurer for costs related to its failed legal defense of its admissions policy, Harvard University has now failed in a bid to hold its insurance broker Marsh responsible. A federal …

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Insurance Broker Broker Insurance Insured 278

AMAXX

MARCH 10, 2025

In the first part of our series, we emphasized the importance of thoughtful layoff planning to mitigate the risk of increased workers’ compensation claims following a workforce reduction or facility closure. Be meticulous in updating personnel files, health insurance documentation, and records of sick leave.

Workers Comp 59

Workers Comp Claim Workers Compensation Injury 59

ProWriters

OCTOBER 2, 2024

As an insurance broker, you likely recognize that while these technologies drive business operations, they also increase vulnerability to cyber crime, making Cyber Insurance a necessity for your clients. Helping your clients understand cyber risks and Cyber Insurance policy jargon can be challenging.

Insurance Broker 86

Insurance Broker Cyber Broker Protection 86

Neilson Marketing Services

NOVEMBER 4, 2024

For retail insurance brokers and MGAs, a well-built insurance website isn’t just about aesthetics; it’s about credibility, generating leads, and staying competitive. Local SEO: Optimize for local search terms like “home insurance in [town]” or “auto insurance near [location].”

Insurance Broker 108

Insurance Broker Building Broker Broker-Agent 108

AMAXX

OCTOBER 7, 2024

Claims audits and reviews are one of the most commonly used tactics by companies to control workers’ compensation costs. In fact, according to the RIMS 2009 Annual Benchmark Survey, 90% of companies had conducted a claim audit or review of at least some of their claims within the previous six months.

Workers Comp 105

Workers Comp Claim Workers Compensation Compensation 105

AMAXX

MARCH 11, 2025

Effectively managing workers compensation requires careful oversight and proactive measures to identify and prevent fraudulent or exaggerated claims. Surveillance serves as a powerful tool in validating claims, protecting your organizations financial health, and ensuring resources are dedicated to genuinely injured employees.

Workers Comp 52

Workers Comp Claim Workers Compensation Injury 52

AMAXX

JANUARY 21, 2025

By setting clear expectations, these guidelines help manage claims efficiently, promote recovery, and ensure equitable treatment for injured workers. Injury Duration Guidelines provide a standardized approach to assessing claims, reducing the variability that can arise from subjective decision-making.

Workers Comp 98

Workers Comp Injury Workers Compensation Compensation 98

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. Here’s how to effectively plan and prepare for a successful claim audit or review.

Workers Comp 102

Workers Comp Claim Workers Compensation Compensation 102

Property Insurance Centre

FEBRUARY 24, 2025

How a Liability Claim Can Ruin Your Business And How to Protect Yourself No matter how well you run your business, a single liability claim can have devastating consequences. Get a Quote Insurance under one roof We are specialists in many types of insurance GET YOUR QUOTE GET YOUR QUOTE 1.

Liability 52

Liability Protection Claim Property Insurance 52

AMAXX

NOVEMBER 5, 2024

Successfully settling workers’ compensation (WC) claims can significantly reduce costs and streamline processes for employers and insurers. By adhering to a proven four-step process, organizations can consistently achieve better claim outcomes. One key trigger is the injured worker reaching medical stability.

Workers Compensation 105

Workers Compensation Compensation Claim Workers Comp 105

AMAXX

MARCH 24, 2025

FREE DOWNLOAD: “Workers’ Comp Claims Review Checklist: 9 Must-Have, Serious-Impact Elements” To effectively manage this process, detailed record-keeping is essential. You should consult with your insurance broker, attorney, or qualified professional. All rights reserved under International Copyright Law.

Workers Comp 104

Workers Comp Premium Workers Compensation Compensation 104

AMAXX

JANUARY 27, 2025

Legacy claims that linger unresolved. Use diagnostic questions to analyze your current WC program: Are claims reported within 24 hours? What is the status of open or legacy claims? Implement a culture of immediate claim reporting: Ensure claims are reported within 24 hours. Lack of supervisor training.

Workers Comp 94

Workers Comp Injury Workers Compensation Claim 94

Smart Insurance Agents

OCTOBER 16, 2024

A medical health insurance broker helps you choose the best health insurance plan tailored to your needs. Unlike agents tied to one insurer, brokers work with multiple companies to give you unbiased options. What is a medical health insurance broker?

Insurance Broker 52

Insurance Broker Broker Broker-Agent Out-Of-Pocket Expense 52

AMAXX

MARCH 18, 2025

These errors can have significant consequences, including prolonged recovery times, increased claims costs, and a greater likelihood of litigation. Her frustration led her to hire an attorney, which in turn increased claim costs and reduced her likelihood of returning to work. The only available provider was 70 miles away.

Workers Comp 94

Workers Comp Workers Compensation Injury Compensation 94

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.

Workers Compensation 83

Workers Compensation Compensation Claim Workers Comp 83

AMAXX

FEBRUARY 25, 2025

Once employers and adjusters understand the value of evidence-based medicine (EBM) in workers’ compensation claims, the next challenge is applying it effectively. EBM helps ensure that medical treatments align with standardized recovery timelines, reducing unnecessary disability durations and claim costs. All state laws vary.

Workers Comp 80

Workers Comp Injury Workers Compensation Claim 80

AMAXX

APRIL 23, 2025

Efficient management of workers’ compensation claims significantly impacts both employee recovery outcomes and organizational costs. Intervention Identification: Recognize when additional claims management or medical interventions are necessary.

Injury 52

Injury Workers Comp Workers Compensation Claim 52

AMAXX

FEBRUARY 4, 2025

These assignments help businesses manage claims costs, reduce lost workdays, and maintain workforce productivity. WC Mastery Training teaching injury management best practices such as return to work, communication, claims best practices, medical management, and working with vendors. All state laws vary.

Workers Comp 97

Workers Comp Workers Compensation Injury Compensation 97

AMAXX

JANUARY 27, 2025

It might be too many claims. It might be too many open claims. WC Mastery Training teaching injury management best practices such as return to work, communication, claims best practices, medical management, and working with vendors. You should consult with your insurance broker, attorney, or qualified professional.

Workers Comp 92

Workers Comp Workers Compensation Injury Compensation 92

AMAXX

FEBRUARY 18, 2025

Achieving a 90% return-to-work rate within 0-4 days is the gold standard for managing workers’ compensation claims, with best-in-class organizations reaching 95%+. WC Mastery Training teaching injury management best practices such as return to work, communication, claims best practices, medical management, and working with vendors.

Workers Comp 91

Workers Comp Injury Workers Compensation Compensation 91

AMAXX

APRIL 10, 2025

In the complex world of workers compensation, risk managers play a vital role in aligning strategic oversight with day-to-day claims operations. Far from being a behind-the-scenes figure, a successful risk manager serves as the linchpin between claims administration, adjusters, and injury management teams.

Workers Comp 59

Workers Comp Risk Workers Compensation Injury 59

AMAXX

FEBRUARY 18, 2025

Consult with Experts : If you’re unsure about your business’s correct classification, it’s wise to consult with a workers’ compensation expert or your insurance broker. You should consult with your insurance broker, attorney, or qualified professional. All state laws vary.

Workers Compensation 103

Workers Compensation Compensation Workers Comp Premium 103

AMAXX

FEBRUARY 24, 2025

This structured approach allows medical professionals and claims managers to determine the most effective treatments for injured workers, ensuring care aligns with scientifically validated best practices. Guide claims management Identifying when additional medical evaluation or intervention may be necessary.

Workers Compensation 66

Workers Compensation Compensation Workers Comp Injury 66

AMAXX

MARCH 24, 2025

Click Link to Access Free PDF Download “Workers’ Comp 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. All state laws vary.

Workers Comp 71

Workers Comp Premium Injury Workers Compensation 71

Distinguished

APRIL 9, 2025

A Managing General Agent (MGA) is a specialized type of insurance intermediary that has underwriting authority granted by an insurer. Unlike agents or brokers, MGAs can bind coverage, price policies, and handle claims they essentially act as an extension of an insurer. How do MGAs Differ From Insurance Brokers?

Agents 52

Agents Broker-Agent Broker Underwriter 52

Elmore

NOVEMBER 22, 2024

FCA review shows some firms take up to four months The post Insurers told to speed up bereavement claims appeared first on Elmore Insurance Brokers.

Claim 52

Claim Insurance Broker Broker Insurance 52

R&R Insurance

FEBRUARY 20, 2025

Involve the insurance carrier and insurance broker to create an annual service plan addressing: Training (employees / supervisors & foremen / safety director) Jobsite inspections (Are we following our policies and documenting all inspections and corrective action?)

Workers Compensation 52

Workers Compensation Insurance Carrier Premium Compensation 52

Word & Brown

AUGUST 1, 2024

A Health Insurance broker – sometimes called an insurance agent – is a licensed professional who works with individuals and businesses to help them shop for and compare insurance policies. Health Insurance, especially, is something people need, but may not really understand. Act now to learn more.

Broker 52

Broker Insurance Broker Broker-Agent License 52

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

AMAXX

FEBRUARY 10, 2025

Their response in the first moments after an injury determines whether the process leads to a smooth recovery or spirals into an expensive, drawn-out claim. The Impact of Early, Effective Response A 2012 study by Liberty Mutual demonstrated how swift and supportive injury response can reduce costs by 40% and claim duration by 58%.

Injury 66

Injury Workers Comp Workers Compensation Claim 66

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. This requires them to take a crash course in claims investigation literally.

Workers Compensation 59

Workers Compensation Workers Comp Injury Compensation 59

Distinguished

JULY 8, 2024

Ready to boost your expertise in Hotel Primary Insurance? If you missed our recent 30-minute webinar, “Hotel Primary Insurance: A Check-In to Success for Insurance Brokers,” don’t worry. Dedicated claims team experienced in hospitality-related losses. Q: What states is this available in?

Insurance Broker 52

Insurance Broker Broker Broker-Agent Insurance 52

Elmore

MARCH 4, 2025

Class action lawsuits in the US suggest that digitised medical services can bring downsides as well as benefits The post Health claim disputes fuel debate on role of AI in directing care appeared first on Elmore Insurance Brokers.

Claim 52

Claim Insurance Broker Broker Insurance 52

AMAXX

APRIL 23, 2025

Understanding EBM helps stakeholdersfrom medical professionals to claims managersmake informed decisions grounded in high-quality research and best practices. Its crucial for stakeholders, particularly medical professionals and claims managers, to understand and comply with state-specific guideline requirements. All state laws vary.

Workers Compensation 52

Workers Compensation Compensation Workers Comp Injury 52