AMAXX

NOVEMBER 5, 2024

Successfully settling workers’ compensation (WC) claims can significantly reduce costs and streamline processes for employers and insurers. Identifying red flag cases involving Medicare considerations early on is essential, especially for catastrophic injuries or workers nearing Medicare eligibility. All state laws vary.

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Workers Compensation Compensation Claim Workers Comp 94

AMAXX

OCTOBER 15, 2024

One of the most significant challenges for employers today is managing the rising costs of workers’ compensation claims. 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.

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Workers Compensation Compensation Workers Comp Injury 84

AMAXX

JULY 29, 2024

In the realm of workers’ compensation, the role of an injury coordinator is pivotal. This position is crucial for managing the complex processes associated with workplace injuries, ensuring both compliance with regulations and the well-being of employees.

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Workers Compensation Injury Compensation Workers Comp 52

AMAXX

AUGUST 7, 2024

When it comes to managing workers’ compensation, understanding classification rules is fundamental. The higher the risk, the higher the workers’ compensation premium for that classification. Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk.

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Workers Compensation Compensation Workers Comp Premium 73

AMAXX

OCTOBER 8, 2024

In the world of workers’ compensation, one of the most powerful strategies for managing costs while helping injured employees return to work is the implementation of a transitional duty (TD) program. Transitional duty allows employees to return to the workplace in a modified capacity while they continue to recover from their injuries.

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Workers Compensation Compensation Workers Comp Injury 76

AMAXX

DECEMBER 2, 2024

Managing work-related injuries and illnesses effectively requires a well-coordinated approach. By adhering to best practices, a medical director can significantly enhance the efficiency and outcomes of workplace injury management ( How to Calculate Cost per FTE Metric to Show Workers’ Comp as Profit Center ).

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Workers Compensation Compensation Workers Comp Injury 63

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.

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Workers Compensation Compensation Workers Compensation Insurance Injury 75

AMAXX

DECEMBER 9, 2024

Non-Severe Injuries Without Lost Time Claims involving minor injuries that dont require time away from work typically dont justify the cost of nurse case management. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers Comp Training Center. Contact: mstack@reduceyourworkerscomp.com.

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Workers Compensation Compensation Workers Comp Injury 70

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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Workers Compensation Premium Compensation Workers Comp 64

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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Workers Compensation Compensation Claim Workers Comp 52

AMAXX

JULY 1, 2024

Issues concerning permanent total disability (PTD) benefits are a significant cost driver in workers’ compensation claims. In sum, the employee must be limited by the nature and extent of their work injury, restrictions on activity, and lack of transferable job skills to secure gainful employment near their pre-injury status.

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Workers Compensation Compensation Workers Comp Injury 52

AMAXX

JANUARY 6, 2025

When embarking on the journey to master workers compensation, the road is well-traveled and marked by proven strategies. Common Errors When Getting Started Misidentifying the Problem A common error when reforming a workers compensation program is misidentifying the root cause of challenges. ” “Old claims need resolution.”

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Workers Comp Building Workers Compensation Compensation 80

AMAXX

DECEMBER 19, 2024

These lessons also extend to reducing workers’ compensation costs through better collaboration and proactive problem-solving. These lessons extend to the implementation of autonomy and building safetytwo critical components of a thriving workplace that directly impact workers’ compensation outcomes.

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Workers Comp Workers Compensation Injury Compensation 74

AMAXX

OCTOBER 28, 2024

The way we implement AI in workers’ compensation — that’s a tactic. However, the principles of workers’ compensation will never change. Remember, workers’ compensation can have a dramatic impact on your company’s bottom line, but more importantly, it can have a life-changing impact on the individuals you serve.

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Workers Comp Workers Compensation Compensation Injury 85

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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Workers Comp Injury Compensation Claim 73

AMAXX

OCTOBER 7, 2024

Claims audits and reviews are one of the most commonly used tactics by companies to control workers’ compensation costs. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers’ Comp Training Center. You should consult with your insurance broker, attorney, or qualified professional.

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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 73

Workers Comp Claim Workers Compensation Compensation 73

AMAXX

SEPTEMBER 10, 2024

” Prompt Appointment Scheduling Time is of the essence when an injury occurs. Willingness to Handle Workers’ Compensation Cases Workers’ compensation cases come with unique requirements and responsibilities. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers’ Comp Training Center.

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Workers Comp Workers Compensation Compensation Injury 81

AMAXX

AUGUST 12, 2024

In workers’ compensation, communication with injured workers is a critical aspect that can significantly influence the outcome of a claim. Start Early and Stay Consistent Initiate Contact Immediately The communication process should begin as soon as the injury is reported. Contact: mstack@reduceyourworkerscomp.com.

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Workers Compensation Workers Comp Injury Compensation 86

AMAXX

NOVEMBER 12, 2024

Portraits of Purpose” engagement activity at Paradigm’s booth, invited participants to share the driving force behind their work in the workers’ compensation industry. Alexander Borges and Aaron James are living proof that with the right care and support, even the most catastrophic injuries can lead to incredible recoveries.

Workers Comp 81

Workers Comp Workers Compensation Injury Compensation 81

AMAXX

NOVEMBER 26, 2024

Get Immediate Treatment : Ensure that employees have access to immediate medical care following an injury. Implement Pay Without Prejudice : Consider implementing a “pay without prejudice” policy to cover the initial cost of care, regardless of whether the injury is ultimately deemed compensable under workers’ compensation.

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Workers Comp Workers Compensation Compensation Injury 74

Word & Brown

DECEMBER 10, 2024

All businesses with workers in California and Nevada are required to have Workers Compensation Insurance. But do you know that Word & Browns partnership with CompNet Insurance Solutions makes it easy for you to offer Workers Comp coverage? California adopted several workers compensation laws in the 1910s.

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Workers Comp Workers Compensation Workers Compensation Insurance Compensation 52

AMAXX

SEPTEMBER 3, 2024

Return to Work (RTW) programs are essential components of an effective workers’ compensation system. 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.

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Workers Comp Injury Workers Compensation Compensation 80

LexisNexis

OCTOBER 22, 2024

By Julius Young, Richard Jacobsmeyer, Barry Bloom, Editors-in-Chief for Herlick, California Workers’ Compensation Handbook [Note: This article is excerpted from the upcoming 2025 edition of Herlick, California Workers’ Compensation Handbook. Since 2020, many workers’ compensation stakeholders have changed their operational models.

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Workers Compensation Compensation Claim Injury 40

AMAXX

DECEMBER 9, 2024

Navigating workers’ compensation claims can be challenging for employers, especially when injured employees struggle to understand or adhere to the medical and administrative processes involved. For example, American Airlines, which has one of the best injury management programs in the country, refers every lost-time claim.

Workers Comp 64

Workers Comp Compensation Workers Compensation Injury 64

AMAXX

JANUARY 15, 2025

This is the actual costs of the claims that were legitimate claims for workers’ compensation. Remember, your work today in workers’ compensation can have a dramatic impact on your company’s bottom line, but it will have a dramatic impact on someone’s life. So that’s what goes here. So be great.

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Workers Comp Workers Compensation Premium Injury 66

AMAXX

NOVEMBER 11, 2024

Returning an injured employee to work is a critical aspect of workers’ compensation management. 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. Contact: mstack@reduceyourworkerscomp.com.

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Policy Workers Comp Workers Compensation Injury 77

AMAXX

JULY 8, 2024

Employees working jobs that involve a “creative” component can serve as a barrier if the post-injury work does not bring the same level of satisfaction. Click Link to Access Free PDF Download “The 6-Step Process To Determine Workers’ Comp Injury Causation” Nature of work available. Work schedule considerations.

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Workers Comp Workers Compensation Injury Compensation 52

AMAXX

JULY 9, 2024

These matters must be considered when seeking to maximize the efficiency of any workers’ compensation program and reduce costs. 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. Evaluate the various options.

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Workers Compensation Workers Comp Injury Compensation 52

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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Workers Comp Risk Workers Compensation Injury 52

AMAXX

JANUARY 6, 2025

A lot of in the work comp industry, thankfully, have never actually experienced a workplace injury. He is an expert in workers’ compensation cost containment systems and helps employers reduce their workers’ comp costs by 20% to 50%. You should consult with your insurance broker, attorney, or qualified professional.

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Workers Comp Compensation Injury Insurance Broker 92

AMAXX

NOVEMBER 19, 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%. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers’ Comp Training Center.

Workers Comp 77

Workers Comp Workers Compensation Injury Building 77

Word & Brown

DECEMBER 11, 2024

Having disability insurance can help an individual maintain a regular income (and associated lifestyle) when unable to work due to a new illness or injury. Disability insurance can help your clients avoid depleting their emergency funds or retirement savings when facing disability. LTD plans may differ.

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Workers Compensation Injury Insured Insurer 52

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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Liability Insurance Liability Property Damage Insurer 52

Property Insurance Centre

JANUARY 4, 2024

Inflation and rising costs are major drivers of increased insurance expenses for property owners. To ensure adequate coverage, property owners should stay informed about the latest trends and collaborate closely with their insurance brokers to navigate the evolving property insurance landscape.

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Property Insurance Commercial Property Liability Insured 52

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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Insurer Insured Insurance Property Insurance 52

Property Insurance Centre

MAY 20, 2024

If it fails in this duty of care , it could be held legally liable for any injury to that person (or damage to their property), resulting in costs and damages being awarded against it. Insurers try to settle such third-party claims before they reach the courts. How can I obtain a quote for block of flats insurance?

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Building Liability Insured Insurer 52