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Part 2: Workers’ Comp Independent Premium Audits Explained

AMAXX

In this three-part series, we are examining nine elements of independent premium audits to help you better understand and control your workerscompensation premiums. ” Stay tuned to complete your understanding and gain further control over your workerscompensation premiums.

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Reforming Your Workers’ Comp Program: Avoiding Common Pitfalls and Taking Action

AMAXX

Revamping a workers compensation (WC) program can transform how companies manage costs and care for injured employees. Below, we explore common errors and provide actionable steps to begin reforming a workerscomp program. FREE DOWNLOAD: “Step-By-Step Process To Master Workers Comp In 90 Days” 5.

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9 Characteristics of Transitional Duty Assignments in Workers’ Comp

AMAXX

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

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2 Common Mistakes In Workers’ Comp Doctor Selection

AMAXX

Consider the case of Jane, a worker who sustained a severe back injury. 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. Are currently accepting new patients.

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Cyber Risk: West Virginia OIC Plans to Dispose of Older Workers’ Comp Files

Insurance Journal

The West Virginia insurance commissioner’s office has adopted a new policy: It will soon begin destroying workerscompensation claim files that are 10 years old or older. “Given increasing cybersecurity concerns and the type of information contained in the closed …

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Part 3: Workers’ Comp Independent Premium Audits Explained

AMAXX

Now, we address the remaining elements that auditors consider essential in ensuring you fully optimize your workerscompensation premium calculations, highlighting scenarios that often require particular attention and strategic management. Upon mutual agreement, the policy is then issued with the corrected classification codes.

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Risk Manager Best Practices That Drive Workers’ Comp Results

AMAXX

In the complex world of workers compensation, risk managers play a vital role in aligning strategic oversight with day-to-day claims operations. Heres a closer look at best practices every risk manager should be following to create a high-performing, cost-effective workers compensation program.