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. These foundational aspects are crucial for ensuring accurate premium calculations and avoiding costly mistakes.

Workers Comp 104

Workers Comp Premium Workers Compensation Compensation 104

AMAXX

MARCH 24, 2025

When an employer receives a revised workers’ compensation premium bill, the accuracy of the bill can be uncertain and confusing. To ensure fairness and correctness, an independent premium audit is highly recommended. Payroll Information A critical step in any premium audit is the review of an employer’s payroll.

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Workers Comp Premium Injury Workers Compensation 71

AMAXX

MARCH 24, 2025

In this final part of our series exploring the nine elements of independent premium audits, we turn our focus to specialized situations and nuanced adjustments auditors carefully evaluate. Auditors disallow estimates, making precise documentation vital to receiving the intended premium savings associated with this exception.

Workers Comp 59

Workers Comp Premium Workers Compensation Compensation 59

AMAXX

FEBRUARY 18, 2025

When it comes to managing workers’ compensation, understanding classification rules is fundamental. These rules not only influence the amount you pay in premiums but also help ensure that your company is correctly classified based on the work it performs. What Are Classification Rules?

Workers Compensation 103

Workers Compensation Compensation Workers Comp Premium 103

AMAXX

MARCH 11, 2025

Large claims can have significant long-term impacts on premiums, experience modification factors, and overall workers’ compensation costs. He is co-author of the #1 selling comprehensive training guide Your Ultimate Guide to Mastering Workers Comp Costs: Reduce Costs 20% to 50%. All state laws vary.

Workers Comp 52

Workers Comp Claim Workers Compensation Injury 52

AMAXX

JANUARY 15, 2025

Click Link to Access Free PDF Download “How to Calculate Your Minimum Experience Mod, Controllable Premium & the Revenue Impact” Things that we don’t understand can seem a lot more difficult than they actually are. You should consult with your insurance broker, attorney, or qualified professional.

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Workers Comp Workers Compensation Premium Compensation 95

AMAXX

MARCH 18, 2025

An effective injury investigation ensures that only valid claims proceed, protecting both the company and legitimate injured workers. When employees understand that workers compensation is not a blank check, they are less likely to attempt questionable claims. Do not use this information without independent verification.

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Workers Compensation Compensation Claim Workers Comp 71