AMAXX

JULY 15, 2024

The Solution: Pay Without Prejudice The solution to this prevalent problem is the implementation of a Pay Without Prejudice policy. This policy authorizes payment for medical treatment up to a certain dollar amount (commonly $10,000) regardless of whether the claim will ultimately be denied. All state laws vary.

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Workers Compensation Compensation Claim Workers Comp 83

AMAXX

JANUARY 27, 2025

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. You should consult with your insurance broker, attorney, or qualified professional.

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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

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. This rate reduction will affect work comp policies with renewal dates between 10/01/24 to 09/30/25. Rates in 2024 fell an average of 10.5% What can Contractors do?

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Workers Compensation Insurance Carrier Premium Compensation 52

AMAXX

APRIL 10, 2025

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. All state laws vary.

Workers Comp 59

Workers Comp Risk Workers Compensation Injury 59

AMAXX

MARCH 24, 2025

Assignment of Classification Codes Initially, insurance brokers typically assign classification codes when securing coverage for employers. Brokers discuss the nature of the employer’s work to determine the most suitable code. Upon mutual agreement, the policy is then issued with the corrected classification codes.

Workers Comp 59

Workers Comp Premium Workers Compensation Compensation 59

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. A policy or training is implemented to check the compliance box. All state laws vary.

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Workers Comp Workers Compensation Injury Compensation 71

AMAXX

NOVEMBER 11, 2024

” Common Flaws in Policies Many companies unknowingly implement policies that inadvertently sabotage their return-to-work efforts. These flawed policies often prevent employees from returning promptly, which can lead to increased costs and decreased morale. Do not use this information without independent verification.

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Policy Workers Comp Workers Compensation Injury 98

AMAXX

JULY 29, 2024

Claims Management Oversee the workers’ compensation claims process, ensuring timely filing and follow-up. Work with insurance adjusters and third-party administrators to manage and resolve claims efficiently. Workers’ Comp Roundup Blog: [link] Injury Management Results (IMR) Software: [link] ©2024 Amaxx LLC.

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Workers Compensation Injury Compensation Workers Comp 59

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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Workers Compensation Compensation Claim Injury 40

AMAXX

NOVEMBER 26, 2024

This can be done by partnering with clinics or healthcare providers that can see injured workers right away. Clearly define these roles in your RTW policy. Supervisors and case managers should stay in contact with the injured worker to provide support and address any issues as they arise.

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Workers Comp Workers Compensation Compensation Injury 105

Property Insurance Centre

FEBRUARY 24, 2025

How to Protect Your Business Get Comprehensive Insurance Ensure you have general liability insurance, professional indemnity insurance, and workers compensation if applicable. Consult Legal Experts A business attorney can help review policies, contracts, and risk management strategies to ensure legal protection.

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Liability Protection Claim Property Insurance 52

Word & Brown

APRIL 1, 2025

Premium Only Plans (POPs): Also known as a Section 125 Cafeteria Plan, a Premium Only Plan enables enrolled employees to pay their health insurance premiums with pre-tax dollars. Plus, your clients can save on Federal Insurance Contribution Act (FICA) taxes and Workers Compensation.

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Deductible Premium Out-Of-Pocket Insurance Policy 52

AMAXX

SEPTEMBER 3, 2024

These challenges can be exacerbated by poor communication, lack of clear policies, or inadequate support systems. Develop a Comprehensive RTW Policy A well-defined RTW policy is the cornerstone of managing difficult return-to-work scenarios. You should consult with your insurance broker, attorney, or qualified professional.

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Workers Comp Injury Workers Compensation Compensation 104

AMAXX

AUGUST 27, 2024

Building on Success: Enhancing Existing Practices Once a comprehensive injury management program is in place, it’s important to build on existing internal processes to closely manage workers’ compensation and improve overall safety outcomes. You should consult with your insurance broker, attorney, or qualified professional.

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Injury Workers Comp Workers Compensation Compensation 105

AMAXX

NOVEMBER 19, 2024

Click Link to Access Free PDF Download “13 Research Studies to Prove Value of Return-to-Work Program & Gain Stakeholder Buy-In” The Role of Collective Bargaining Agreements Collective bargaining agreements (CBAs) often define the rules and expectations around many employment issues, including return-to-work policies.

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Workers Comp Workers Compensation Injury Building 98

Triple-I: Workers Compensation

APRIL 4, 2022

If such a captive insures only the risks of its parent or subsidiaries, it is called a “pure” captive. The global insurance broker and risk advisor’s survey of more than 1,300 captives also shows that gross written premiums in this area grew from $54 billion in 2019 to nearly $61 billion in 2020.

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Word & Brown

DECEMBER 11, 2024

Talk with your clients about their needs, expectations, and budget, as plans that define the insureds inability to perform in their own occupation may be more costly than plans that define disability related to ones ability to perform any occupation. Policies with shorter maximum benefit periods typically have lower premiums.

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Workers Compensation Insured Insurance Insurer 52

AMAXX

JANUARY 28, 2025

Employers striving to improve their workers compensation programs often find their goals harder to achieve than expected. The root of the issue is not always poor implementation of return-to-work programs but rather hidden policies or procedures sabotaging progress.

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