AMAXX

MARCH 24, 2025

In this three-part series, we are examining nine elements of independent premium audits to help you better understand and control your workers’ compensation premiums. Understanding these areas will further empower you to identify premium savings opportunities and maintain precise control over your workers’ compensation costs.

Workers Comp 104

Workers Comp Premium Workers Compensation Compensation 104

AMAXX

JANUARY 13, 2025

Navigating workers’ compensation can be complex, with various parties working together to ensure effective claims management and cost containment. Lets explore the roles of these critical players in a workers’ compensation system. Their expertise enhances the efficiency and accuracy of the claims process.

Workers Compensation 98

Workers Compensation Compensation Workers Comp Broker-Agent 98

AMAXX

MARCH 18, 2025

She was given a list of four medical providers but found that: Two providers did not accept workers compensation patients. One provider accepted workers compensation but was not taking new patients. Solution: Employers must routinely verify that the medical providers they recommend: Accept workers compensation cases.

Workers Comp 94

Workers Comp Workers Compensation Injury Compensation 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.

Workers Compensation 105

Workers Compensation Compensation Workers Comp Injury 105

AMAXX

AUGUST 21, 2024

In the complex world of workers’ compensation, setting accurate reserves is a critical task for adjusters. 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. Is the Cost for the Claim for Life?

Workers Compensation 105

Workers Compensation Compensation Workers Comp Injury 105

AMAXX

JANUARY 14, 2025

Workers’ compensation programs are a cornerstone of workplace safety and risk management. Exclusivity: Protection Against Lawsuits One of the most significant benefits of workers compensation for employers is the exclusive remedy provision. Litigation, especially in cases of workplace accidents, can be costly and time-consuming.

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Workers Compensation Compensation Workers Comp Injury 98

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.

Workers Compensation 93

Workers Compensation Compensation Injury Workers Comp 93

AMAXX

NOVEMBER 5, 2024

Successfully settling workers’ compensation (WC) claims can significantly reduce costs and streamline processes for employers and insurers. You should consult with your insurance broker, attorney, or qualified professional. Do not use this information without independent verification. All state laws vary.

Workers Compensation 105

Workers Compensation Compensation Claim Workers Comp 105

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. You should consult with your insurance broker, attorney, or qualified professional. All state laws vary.

Workers Compensation 104

Workers Compensation Compensation Workers Comp Injury 104

AMAXX

JANUARY 21, 2025

In the complex world of workers’ compensation, achieving optimal outcomes for injured workers requires a blend of precision, consistency, and empathy. Ensuring Fairness In a system as diverse as workers’ compensation, consistency is key. You should consult with your insurance broker, attorney, or qualified professional.

Workers Comp 98

Workers Comp Injury Workers Compensation Compensation 98

AMAXX

OCTOBER 24, 2024

This not only benefits the employee but also the employer by reducing workers’ compensation costs and minimizing downtime. 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.

Workers Compensation 105

Workers Compensation Compensation Injury Workers Comp 105

AMAXX

FEBRUARY 4, 2025

A structured Return-to-Work (RTW) program is one of the most effective ways to reduce workers’ compensation costs and improve employee recovery outcomes. Conclusion An effective transitional duty policy supports injured employees while controlling workers’ compensation costs. All state laws vary.

Workers Comp 97

Workers Comp Workers Compensation Injury Compensation 97

AMAXX

SEPTEMBER 16, 2024

This helps in managing workers’ compensation costs more effectively, as the employer takes the lead in coordinating care and managing the return-to-work process. Proper documentation not only aids in managing the workers’ compensation claim but also helps protect the employer against potential legal challenges.

Injury 105

Injury Workers Compensation Compensation Workers Comp 105

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.

Workers Compensation 91

Workers Compensation Premium Compensation Workers Comp 91

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

MARCH 24, 2025

When an employer receives a revised workers’ compensation premium bill, the accuracy of the bill can be uncertain and confusing. This series of articles will provide clarity on what independent premium auditors evaluate, with practical insights to help you navigate the complexities of workers’ compensation premium audits.

Workers Comp 71

Workers Comp Premium Injury Workers Compensation 71

AMAXX

DECEMBER 9, 2024

This post is one in a 2-part series: Part 1 of 2: Understanding Nurse Case Management and When to Use It Part 2 of 2: When Not to Use Nurse Case Management in Workers’ Compensation When to STOP Using Nurse Case Management Equally critical is defining when to stop using NCM on a file. All state laws vary.

Workers Compensation 97

Workers Compensation Compensation Workers Comp Injury 97

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. Prolong their recovery.

Workers Comp 66

Workers Comp Workers Compensation Injury Compensation 66

AMAXX

MARCH 24, 2025

Now, we address the remaining elements that auditors consider essential in ensuring you fully optimize your workers’ compensation premium calculations, highlighting scenarios that often require particular attention and strategic management. Brokers discuss the nature of the employer’s work to determine the most suitable code.

Workers Comp 59

Workers Comp Premium Workers Compensation Compensation 59

AMAXX

JANUARY 27, 2025

Revamping a workers compensation (WC) program can transform how companies manage costs and care for injured employees. Employers must recognize that effective workers comp management requires proactive employer involvement and robust internal processes to support external partners, emphasizing teamwork in workers’ compensation programs.

Workers Comp 94

Workers Comp Injury Workers Compensation Claim 94

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. You should consult with your insurance broker, attorney, or qualified professional. All state laws vary.

Workers Comp 59

Workers Comp Claim Workers Compensation Injury 59

AMAXX

MARCH 10, 2025

Mass layoffs or company closures can trigger a significant increase in workers’ compensation claimssome legitimate, others potentially unsubstantiated. You should consult with your insurance broker, attorney, or qualified professional. All rights reserved under International Copyright Law. All state laws vary.

Workers Comp 59

Workers Comp Claim Workers Compensation Injury 59

AMAXX

JANUARY 27, 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%. You should consult with your insurance broker, attorney, or qualified professional. All state laws vary.

Workers Comp 92

Workers Comp Workers Compensation Injury Compensation 92

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

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. You should consult with your insurance broker, attorney, or qualified professional. All rights reserved under International Copyright Law. All state laws vary.

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Workers Comp Injury Workers Compensation Claim 80

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%+. You should consult with your insurance broker, attorney, or qualified professional. All rights reserved under International Copyright Law. All state laws vary.

Workers Comp 91

Workers Comp Injury Workers Compensation Compensation 91

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

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?

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

AMAXX

FEBRUARY 17, 2025

When a worker is injured, their experience in the workers’ compensation system can have a profound impact on their recovery, return to work, and overall job satisfaction. You should consult with your insurance broker, attorney, or qualified professional. All rights reserved under International Copyright Law.

Workers Comp 66

Workers Comp Claim Workers Compensation Injury 66

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

JULY 29, 2024

In the realm of workers’ compensation, the role of an injury coordinator is pivotal. Based on the comprehensive guide from the Workers’ Compensation Manual, this blog will explore the responsibilities, best practices, and significance of an injury coordinator in an organization.

Workers Compensation 59

Workers Compensation Injury Compensation Workers Comp 59

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

MARCH 11, 2025

Effectively managing workers compensation requires careful oversight and proactive measures to identify and prevent fraudulent or exaggerated claims. Large claims can have significant long-term impacts on premiums, experience modification factors, and overall workers’ compensation costs. All state laws vary.

Workers Comp 52

Workers Comp Claim Workers Compensation Injury 52

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.

Workers Comp 105

Workers Comp Workers Compensation Compensation Injury 105

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

JULY 1, 2024

Issues concerning permanent total disability (PTD) benefits are a significant cost driver in workers’ compensation claims. 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 Compensation 52

Workers Compensation Compensation Workers Comp Injury 52

AMAXX

FEBRUARY 10, 2025

The Chiefs’ offensive struggles were worsened by their failure to adjust, just like a supervisor’s negative or delayed response can worsen a workers’ compensation claim. You should consult with your insurance broker, attorney, or qualified professional. All rights reserved under International Copyright Law.

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Injury Workers Comp Workers Compensation Claim 66