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. Far from being a behind-the-scenes figure, a successful risk manager serves as the linchpin between claims administration, adjusters, and injury management teams.

Workers Comp 59

Workers Comp Risk Workers Compensation Injury 59

AMAXX

MARCH 18, 2025

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.

Workers Comp 94

Workers Comp Workers Compensation Injury Compensation 94

AMAXX

AUGUST 21, 2024

Reserves are the funds set aside by an insurer to cover the future costs of a claim, including medical expenses, lost wages, and other associated costs. 5 Reasons Why Workers’ Compensation Reserves Are Higher Than Expected: 1. You should consult with your insurance broker, attorney, or qualified professional.

Workers Compensation 105

Workers Compensation Compensation Workers Comp Injury 105

AMAXX

MARCH 24, 2025

General Exclusions Some roles carry such distinct risks or differ significantly from an employers core operations that they’re classified separately. These employees, known as “general exclusions,” require their payroll to be reported and calculated separately, directly influencing workers compensation premiums.

Workers Comp 104

Workers Comp Premium Workers Compensation Compensation 104

AMAXX

OCTOBER 8, 2024

A patient assistant could take over the patient transfer responsibilities, allowing the nurse to continue working without risk of further injury. Examples include volunteering as a reader at a nursing home or helping out at an animal shelter by engaging in light, low-risk activities. All state laws vary.

Workers Compensation 104

Workers Compensation Compensation Workers Comp Injury 104

AMAXX

SEPTEMBER 16, 2024

Click Link to Access Free PDF Download “Step-By-Step Process To Master Workers’ Comp In 90 Days” The Importance of a Consistent Post-Injury Response A well-documented and standardized post-injury response plan offers multiple benefits. You should consult with your insurance broker, attorney, or qualified professional.

Injury 105

Injury Workers Compensation Compensation Workers Comp 105

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. Since it doesn’t signal a systemic issue, it has less predictive value in determining future risks.

Workers Compensation 91

Workers Compensation Premium Compensation Workers Comp 91

AMAXX

OCTOBER 24, 2024

By offering physical therapy as part of a rehabilitation plan, employers can speed up recovery and reduce the risk of long-term disability. This not only benefits the employee but also the employer by reducing workers’ compensation costs and minimizing downtime. What Is Occupational Therapy? All state laws vary.

Workers Compensation 105

Workers Compensation Compensation Injury Workers Comp 105

AMAXX

MARCH 17, 2025

There are elements in your workers compensation program that may be creating challenges without you even realizing it. Drivers of Human Behavior in Workers Compensation The science of human behavior has been studied extensively, and one of the most insightful works on the subject is Drive by Daniel Pink.

Workers Comp 66

Workers Comp Workers Compensation Injury Compensation 66

AMAXX

JULY 15, 2024

Stay Informed: Risk managers and HR personnel should stay informed about the workplace environment and maintain open communication with supervisors. 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 Compensation 83

Workers Compensation Compensation Claim Workers Comp 83

AMAXX

JANUARY 21, 2025

Promoting Recovery Evidence-based timelines ensure that injured workers receive appropriate treatment without unnecessary delays or interventions. By aligning care with proven recovery pathways, these guidelines foster a quicker return to normal activities and reduce the risk of complications or prolonged disability.

Workers Comp 98

Workers Comp Injury Workers Compensation Compensation 98

AMAXX

FEBRUARY 17, 2025

Click Link to Access Free PDF Download “Avoid the 3 Primary Reasons Injured Workers Hire Attorneys” Common Communication Gaps Workers compensation attorneys frequently cite communication breakdowns as the primary reason injured workers seek legal representation. All state laws vary.

Workers Comp 66

Workers Comp Claim Workers Compensation Injury 66

AMAXX

FEBRUARY 18, 2025

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%. Workers’ Comp Roundup Blog: [link] Injury Management Results (IMR) Software: [link] 2025 Amaxx LLC.

Workers Comp 91

Workers Comp Injury Workers Compensation Compensation 91

AMAXX

MARCH 10, 2025

At the same time, companies must navigate various state and federal laws like the Worker Adjustment and Retraining Notification (WARN) Act, which requires advance notice for mass layoffs or plant closures, allowing employees to plan their future employment. You should consult with your insurance broker, attorney, or qualified professional.

Workers Comp 59

Workers Comp Claim Workers Compensation Injury 59

AMAXX

MARCH 24, 2025

Accurate payroll accounting reflecting these deductions helps maintain appropriate premium charges aligned with actual exposure to injury risk. Workers’ compensation relies heavily on correct employer classification to reflect an accurate risk exposure. However, strict rules apply. All state laws vary.

Workers Comp 71

Workers Comp Premium Injury Workers Compensation 71

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

Workers Comp 71

Workers Comp Workers Compensation Injury Compensation 71

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.

Workers Compensation 59

Workers Compensation Injury Compensation Workers Comp 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. You should consult with your insurance broker, attorney, or qualified professional.

Workers Comp 59

Workers Comp Premium Workers Compensation Compensation 59

AMAXX

JANUARY 6, 2025

When embarking on the journey to master workers compensation, the road is well-traveled and marked by proven strategies. Our three components to achieve workers comp mastery are: Framework , Employer Controls , and External Controls. Workers compensation programs are multifaceted, and leaders often struggle to prioritize.

Workers Comp 105

Workers Comp Building Workers Compensation Compensation 105

AMAXX

JULY 1, 2024

Issues concerning permanent total disability (PTD) benefits are a significant cost driver in workers’ compensation claims. Workers’ Comp Roundup Blog: [link] Injury Management Results (IMR) Software: [link] ©2024 Amaxx LLC. You should consult with your insurance broker, attorney, or qualified professional.

Workers Compensation 52

Workers Compensation Compensation Workers Comp Injury 52

AMAXX

MARCH 10, 2025

In the first part of our series, we emphasized the importance of thoughtful layoff planning to mitigate the risk of increased workers’ compensation claims following a workforce reduction or facility closure. Workers’ Comp Roundup Blog: [link] Injury Management Results (IMR) Software: [link] 2025 Amaxx LLC.

Workers Comp 59

Workers Comp Claim Workers Compensation Injury 59

AMAXX

JULY 30, 2024

So this is your premium adjustments, and these are discretionary adjustments that can be given by your underwriter based on how well they perceive you managing your risk, how well they perceive you managing your risk. and why are we gonna try to get this risk up because you’re saying, hey. So let’s talk about this.

Workers Comp 64

Workers Comp Risk Workers Compensation Injury 64

AMAXX

FEBRUARY 10, 2025

This mirrors the Eagles’ game plan execution staying focused on fundamentals and eliminating unnecessary risks. The Chiefs’ offensive struggles were worsened by their failure to adjust, just like a supervisor’s negative or delayed response can worsen a workers’ compensation claim. All state laws vary.

Injury 66

Injury Workers Comp Workers Compensation Claim 66

AMAXX

MARCH 11, 2025

Effectively managing workers compensation requires careful oversight and proactive measures to identify and prevent fraudulent or exaggerated claims. Large claims can have significant long-term impacts on premiums, experience modification factors, and overall workers’ compensation costs. All state laws vary.

Workers Comp 52

Workers Comp Claim Workers Compensation Injury 52

AMAXX

DECEMBER 19, 2024

In the context of workers compensation, fostering a similar collaborative environment can lead to earlier injury reporting, effective hazard identification, and creative solutions for return-to-work programs, ultimately reducing costs. You should consult with your insurance broker, attorney, or qualified professional.

Workers Comp 98

Workers Comp Workers Compensation Injury Compensation 98

Property Insurance Centre

FEBRUARY 24, 2025

From financial losses to reputational damage, legal battles, and even the risk of shutting down, the impact can be severe. Whether you’re a small business owner, contractor, or entrepreneur, understanding liability risks is crucial for survival. This means your personal assetshome, car, and savingscould be at risk.

Liability 52

Liability Protection Claim Property Insurance 52

Word & Brown

APRIL 2, 2025

Employers are increasingly looking to outsource human resources, payroll management, and, often, other functions like taxes and compliance, Workers Compensation, and employee benefits and health insurance administration. If your clients are asking about PEOs, dont risk losing business to a competitor. Whats the reason?

Workers Comp 52

Workers Comp Broker Workers Compensation Insurance Broker 52

AMAXX

AUGUST 26, 2024

In Scenario B , Supervisor B’s proactive approach in seeking immediate medical attention reduces the risk of the injury getting worse. Here’s why adopting Supervisor B’s approach can be beneficial: Reduced Costs and Legal Risks: Compassionate and immediate responses to injuries reduce the likelihood of litigation and associated legal costs.

Injury 105

Injury Workers Comp Workers Compensation Compensation 105

AMAXX

DECEMBER 9, 2024

” Additionally, nurse case managers educate workers about potential risks like medication interactions and the importance of adhering to prescribed treatments. Employee: Builds trust with the injured worker, reducing litigation risk and facilitating quicker recovery and return to work. All state laws vary.

Workers Comp 94

Workers Comp Compensation Workers Compensation Injury 94

AMAXX

SEPTEMBER 9, 2024

Employers utilizing these strategies can significantly reduce workers’ compensation expenses, improve claim outcomes, and enhance their overall risk management processes. He is co-author of the #1 selling comprehensive training guide “Your Ultimate Guide to Mastering Workers’ Comp Costs: Reduce Costs 20% to 50%.”

Workers Comp 102

Workers Comp Injury Compensation Claim 102

AMAXX

NOVEMBER 19, 2024

For instance, unions may resist placing an employee in a different role for fear of safety risks. 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%.

Workers Comp 98

Workers Comp Workers Compensation Injury Building 98

Triple-I: Workers Compensation

APRIL 4, 2022

By Max Dorfman, Research Writer The coronavirus pandemic and the financial challenges it presents have fueled growth in captive insurance – a form of self-insurance in which one or more entities establish their own insurance company. They also may insure the risks of organizations other than their major owners.

Workers Compensation 40

Workers Compensation Insurer Insured Insurance 40

Word & Brown

DECEMBER 16, 2024

If your site is not optimized to work via mobile, you risk web visitors going elsewhere for a better experience. The post 5 Clear Signs Its Time to Consider a Website Redesign appeared first on The Insurance Broker Blog. While ecommerce pages average 33%. Is your site mobile friendly? If not, it should be.

Broker-Agent 52

Broker-Agent Workers Compensation Broker License 52

AMAXX

APRIL 15, 2025

Why New Hires Face the Greatest Risk The data is striking: employees in their first month on the job are 4 to 6 times more likely to experience a work-related injury than their coworkers with over a year of experience. Younger workers tend to be newer to the job market, but that doesnt make them the only risk group.

Injury 64

Injury Risk Workers Comp Workers Compensation 64

AMAXX

FEBRUARY 10, 2025

FREE DOWNLOAD: “How to Calculate Your Minimum Experience Mod, Controllable Premium & the Revenue Impact” Perception of Risk Thispersonhasnot.Theyhavethey’rethey’rethey’renotthey’renotpayingtheirbillsastimely,whichisjustaperceptionofthatrisk. Do not use this information without independent verification.

Workers Comp 66

Workers Comp Risk Workers Compensation Premium 66

AMAXX

JANUARY 28, 2025

Employers striving to improve their workers compensation programs often find their goals harder to achieve than expected. Identifying and addressing these policies is critical to achieving workers compensation reform. Identifying and addressing these policies is critical to achieving workers compensation reform.

Workers Comp 84

Workers Comp Policy Workers Compensation Injury 84