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Workers’ Comp Claims Audit: Initial Action Plan Checklist

AMAXX

Claims audits and reviews are one of the most commonly used tactics by companies to control workerscompensation 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.

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Long COVID Claims Still Impact California’s Workers Comp System, Report Shows

Insurance Journal

The impact and surge of long-term COVID on the California workerscompensation system since 2020 has been prevalent, including long-term impacts on disability and long-term patterns of medical cost and treatment on long COVID claims. That’s from a report by …

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Two Main Reasons Why Workers’ Compensation Costs Skyrocket

AMAXX

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

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Best Practices to Prepare for a Workers’ Comp Claim Audit or Review

AMAXX

When managing workerscompensation, 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.

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Eleven Considerations for Selecting Your Workers’ Comp Company Doctor

AMAXX

Efficient Communication of Medical Records Communication is critical, especially when it comes to sharing medical records with insurance claims adjusters or your company. By streamlining this process, the provider helps ensure smooth claims management, reducing delays in treatment authorization or return-to-work decisions.

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Workers’ Compensation Post-Injury Response Procedure: A Key to Effective Injury Management

AMAXX

Click Link to Access Free PDF Download “Step-By-Step Process To Master WorkersComp In 90 Days” The Importance of a Consistent Post-Injury Response A well-documented and standardized post-injury response plan offers multiple benefits. This prevents delays and ensures that the process moves forward efficiently.

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5 Reasons Why Workers’ Compensation Reserves Are Higher Than Expected

AMAXX

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?