Mark Jackson Insurance Agency

APRIL 15, 2024

Worker Using an Angle Grinder by Anamul Rezwan Business owners have multiple types of insurance to protect them from a variety of financial and legal risks. They should also protect their employees with workers’ comp insurance. What Is Workers’ Comp? What Does Workers’ Comp Cover?

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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. Example: Consider a nurse who has suffered a back injury and is unable to perform patient transfers.

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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.

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AMAXX

AUGUST 21, 2024

5 Reasons Why Workers’ Compensation Reserves Are Higher Than Expected: 1. Will the Injury Require Future Medical or Surgical Interventions? The need for surgery often signals more serious injuries, which not only have higher immediate costs but also pose substantial risks for future complications.

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Mark Jackson Insurance Agency

JUNE 17, 2024

Man Drilling into a Wooden Board by Thijs van der Weide Workers' compensation insurance is a fundamental aspect of running a business, providing vital protection for both employers and employees. Benefits for Employees For employees, the assurance that workers' comp insurance provides cannot be overstated.

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AMAXX

AUGUST 7, 2024

The higher the risk, the higher the workers’ compensation premium for that classification. These rules are established by rating organizations like the National Council on Compensation Insurance (NCCI) in most states, though some states have their own rating bureaus. Contact: mstack@reduceyourworkerscomp.com.

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LexisNexis

OCTOBER 15, 2024

percent in the year ending March 31, 2024, which will result in an increase in California workers’ compensation temporary total disability (TTD) and permanent total disability (PTD) rates for 2025 work injury claims and other workers’ compensation benefits that are tied to SAWW increases. to $1,680.29

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Insurance Journal

OCTOBER 15, 2024

in the year ending March 31, resulting in an increase in California workers’ compensation temporary total disability and permanent total disability rates for 2025 work injury claims and other workers’ comp benefits … California’s State Average Weekly Wage rose nearly 3.8%

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Workers Comp Injury Compensation Claim 147

AMAXX

AUGUST 27, 2024

Supervisors play a critical role in the management of workplace injuries. They are often the first to respond when an employee is hurt and are responsible for guiding both the injured employee and the organization through the post-injury process. First Responder Role: When an injury occurs, the supervisor is often the first to know.

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AMAXX

SEPTEMBER 23, 2024

These metrics are fundamental in determining the experience modification factor (often called “mod”), which ultimately influences the cost an employer will pay for workers’ compensation insurance. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers’ Comp Training Center.

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Property Insurance Coverage Law

AUGUST 30, 2024

Employer’s liability insurance protects businesses from lawsuits filed by employees who have suffered a work-related injury or illness.

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AMAXX

SEPTEMBER 9, 2024

A board-certified physician reviews whether the injured worker is receiving the best possible care for their injury and identifies areas where the treating physician may lack knowledge or deviate from standard medical care. Diagnosis and prognosis remain unclear, or the disability period is disproportionate to the injury.

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AMAXX

JULY 1, 2024

Issues concerning permanent total disability (PTD) benefits are a significant cost driver in workers’ compensation claims. Click Link to Access Free PDF Download “8 ‘Think Outside the Box’ Tactics to Settle Workers’ Comp Claims” PTD is a concept usually defined in statute but clarified in case law.

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Workers Compensation Compensation Workers Comp Injury 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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AMAXX

AUGUST 26, 2024

To better grasp this, let’s walk through a hypothetical scenario that illustrates two different supervisor responses to an employee’s injury and explore the potential consequences of each approach. Then, we’ll talk about how we can work together to accommodate your injury and help you return to the team as soon as possible.”

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Triple-I: Workers Compensation

JUNE 10, 2024

William Nibbelin, Senior Research Actuary, Triple-I The recent National Council on Compensation Insurance (NCCI) Annual Insights Symposium (AIS) in Orlando, Fla., provided important context and clarity around the state of the workers compensation line of business. most profitable) in the past five years.

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LexisNexis

OCTOBER 8, 2024

Oakland, CA – Migraine Drugs represented less than 1% of all prescriptions dispensed to California injured workers in 2023 but they consumed 4.7% of California workers’ compensation prescriptions filled in 2023, that was up from 0.2% of the California workers’ comp Migraine Drug spend and by 2021 it represented 8.8%

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Workers Comp Workers Compensation Compensation Injury 40

AMAXX

JULY 15, 2024

This delay typically occurs when there is uncertainty about whether the injury is work-related, resulting in neither workers’ compensation nor general health insurance covering the initial treatment. Example: Consider John, who reports a shoulder injury first thing on a Monday morning.

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Workers Compensation Compensation Claim Workers Comp 52

AMAXX

OCTOBER 28, 2024

Every session seemed to touch on AI in some form, particularly in how it’s being used in workers’ comp and claims analysis. Whether it’s the year 2025, 2030, or even 2300, these foundational elements will still guide how we manage claims and help workers. Contact: mstack@reduceyourworkerscomp.com.

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Workers Comp Workers Compensation Compensation Injury 83

Insurance Journal

SEPTEMBER 3, 2024

Annual workers’ compensation rate cuts in the double digits have become routine in almost every U.S. That trend may have now come to an end in Florida, where the National Council on Compensation Insurance is recommending … state in recent years.

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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. The emotional side of recovery is just as important as the medical, with participants keen to ensure that no injured worker feels alone. What’s Your Why?

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Workers Comp Workers Compensation Injury Compensation 80

LexisNexis

SEPTEMBER 9, 2024

Robinson, co-author, Larson’s Workers’ Compensation Law Editorial Note: All section references below are to Larson’s Workers’ Compensation Law, unless otherwise indicated. Illinois Workers’ Comp. His injuries, even on the employer’s premises were, therefore, compensable. Workers’ Comp.

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Insurance Journal

JULY 15, 2024

South Carolina lawmakers next year may be asked to revamp a workers’ compensation employment test that judges have relied on for more than 50 years, if the state Supreme Court has its way. The court last week said that a …

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Workers Comp Compensation Workers Compensation Injury 263

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. The AI revolution is starting to come to workers’ compensation.

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Triple-I: Workers Compensation

AUGUST 15, 2023

Victoria Aumiller, Chesapeake Employers Insurance “Being injured is painful for the worker and scary for the family,” she said, adding, “it’s very fulfilling to make the experience less frightening and to help the worker navigate the medical and claims process.” It’s a day of celebration, not only for workers comp.

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New Jersey Workers' Comp

JUNE 20, 2024

The employer argued that Lopez could not sue and that his only remedy was in the New Jersey Division of Workers’ Compensation. The court noted that even an injury stemming from gross negligence is insufficient to satisfy the intentional wrong exception. The court reasoned that not all fires lead to injury or death.

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AMAXX

OCTOBER 9, 2024

This activity ties directly to Paradigm’s key session, Human-Centered Care & Compassion: Real Workers, Groundbreaking Recoveries , where two catastrophically injured workers will share their why, the purpose they have found in the wake of life-changing injuries, and the critical importance of family and a holistic, team-based approach to care.

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Workers Compensation Compensation Workers Comp Injury 81

Triple-I: Workers Compensation

JULY 27, 2023

Workers compensation insurance provides for the cost of medical care, rehabilitation, and wage replacement for injured workers and death benefits for the dependents of persons killed in work-related accidents. A combined ratio below 100 represents an underwriting profit, and one above 100 represents a loss.

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New Jersey Workers' Comp

MAY 6, 2024

I had the pleasure of Speaking on Law Day in Plainfield Workers’ Compensation Court on May 1, 2024 and wanted to share with readers part of the discussion in our session, namely the discussion of the New Jersey authorized vehicle rule contained in N.J.S.A. The Judge of Compensation dismissed the case.

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AMAXX

AUGUST 12, 2024

In workers’ compensation, communication with injured workers is a critical aspect that can significantly influence the outcome of a claim. Proper communication helps facilitate a smooth return-to-work process and plays a crucial role in maintaining the injured worker’s morale and engagement with the organization.

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Workers Compensation Workers Comp Injury Compensation 84

AMAXX

NOVEMBER 11, 2024

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. He is co-author of the #1 selling comprehensive training guide “Your Ultimate Guide to Mastering Workers’ Comp Costs: Reduce Costs 20% to 50%.”

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Risk Management Monitor

DECEMBER 20, 2022

Claimant fraud and premium fraud are two of the most well-known types of workers compensation fraud. In these cases, a worker may intentionally fake an injury (claimant fraud) or a business owner may misrepresent their employee headcount or incorrectly classify employees to obtain lower insurance premiums.

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Workers Comp Workers Compensation Compensation Claim 40

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.

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Workers Compensation Workers Comp Injury Compensation 52

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.

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Workers Comp Workers Compensation Injury Compensation 52

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%. Contact: mstack@reduceyourworkerscomp.com. All rights reserved under International Copyright Law.

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AMAXX

SEPTEMBER 3, 2024

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. Addressing these concerns with empathy and support is crucial to facilitating a smoother transition.

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New Jersey Workers' Comp

MARCH 25, 2024

in workers’ compensation medical and temporary disability benefits to petitioner, Darshelle Joseph. The workers’ compensation case had not yet been resolved. paid in medical and temporary disability benefits but the court also noted that the workers’ compensation case had not yet concluded.

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