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Mistake: Accepting Every Workers’ Compensation Claim

AMAXX

Many companies operate under an unwritten rule: accept every workers compensation claim, no questions asked. A well-managed workers compensation program should pay 100% of legitimate claimsand 0% of the claims that arent. Claims Reporting Policy : Require employees to report injuries within a specific timeframe (e.g.,

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How Fear Impacts Workers’ Compensation Claims (and What to Do About It)

AMAXX

By understanding the role fear plays in workers compensation claims, employers can implement strategies to foster trust, improve outcomes, and reduce costs. The Link Between Fear and Litigation Studies have consistently identified fear as a major driver of workers compensation litigation.

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2 Common Mistakes In Workers’ Comp Doctor Selection

AMAXX

When a workplace injury occurs, selecting the right physician is a critical factor in ensuring a smooth recovery and return to work. While using an approved network is necessary for insurance and cost-control reasons, not all doctors within the network are equally effective at managing workplace injuries.

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Blog Post: The Causal Effect of Attorney Representation on Workers’ Compensation Payments

LexisNexis

By Christopher Mahon, LexisNexis Legal Insights Contributing Author A September 2024 study from the Workers Compensation Research Institute indicates that workers represented by an attorney in workers compensation claims receive substantially more payments than workers who are not represented by an attorney.

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Understanding the Key Parties in Workers’ Compensation

AMAXX

Lets explore the roles of these critical players in a workerscompensation system. Insurance Company: The Risk Bearer Often referred to as the underwriter, insurer, or carrier, the insurance company provides the workerscompensation policy and assumes the employers risk.

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Part 2: Workers’ Comp Independent Premium Audits Explained

AMAXX

These employees, known as “general exclusions,” require their payroll to be reported and calculated separately, directly influencing workers compensation 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 workers’ comp program. Do supervisors and employees understand their roles in the post-injury process?