Work Comp Roundup

16/10/2020

Your adjuster is a key player in the successful management of workers' comp claims. Here are 22 things they should NOT do.

Self-insured employers often get into trouble for not being knowledgeable of the requirements of the Unfair Claims Practice Act in the state(s) where it is being self-administered for workers’ compensation claims. The failure to act in a totally ethical manner can lead to litigation by the party w...

15/10/2020

Both employees and employers have a role in the grand bargain.

A significant factor in employer’s ability to control workers comp costs is communication with employees. Learn how at the Workers Comp Resource Center.

14/10/2020

This fiduciary responsibility of the insurance broker goes beyond just finding the best price for your company’s insurance. Here are some key questions to ask to ensure you are working with the right broker.

Selecting an insurance broker is an important decision for a company. The insurance broker acts in a fiduciary role for your company. Your company trusts the broker with protecting your financial assets through selecting and obtaining your insurance. While the broker acts on your behalf, their actio...

13/10/2020

Whether it’s a natural disaster, a terrorist attack, or a novel coronavirus, an unexpected set of circumstances requires immediate action and the ability to adapt to changing circumstances quickly.

Communication. Empathy. Flexibility. Patience. Those are key factors that help organizations manage workers’ compensation claims during crises. Whether it’s a natural disaster, a terrorist attack, or a novel coronavirus, an unexpected set of circumstances requires immediate action and the abilit...

12/10/2020

Anytime you are trying to improve something, you have to assess where you currently stand. Here are 5 elements to review in the assessment of a Workers’ Comp Program

There are only a few short weeks left in this election season. And in the next coming weeks, American’s going to decide who we would like to cast our vote for, to lead our country politically. Hello, my name is Michael stack and I’m the CEO of Amaxx. All Decisions Start With Assessment And that ...

09/10/2020

The benefits of effective teamwork by members of the workers’ compensation “team” are endless.

It is a common saying that there is no “I” in team. This same principle applies to the workers’ compensation claim management “team.” All interested parties have an important role in the management of a clam. Implementation of effective teamwork will pay dividends in the long run, reduce t...

08/10/2020

Want an easy way to drastically reduce injury duration? Try weekly meetings. There is a reason the best work comp programs in the country use this tactic. It works.

Every injured employee on transitional duty should meet WEEKLY with the Transitional Duty (TD) Coordinator, if your company has one, or the supervisor in charge of the injured worker’s return to work. There are many benefits to weekly meetings. Among them are: It keeps employees in the loop at the...

07/10/2020

Injured workers' hire attorneys primarily out of fear. This fear is increased or eliminated by the amount and quality of communication from the employer.

Employers, in their efforts to control workers’ compensation claim costs, often go to great lengths to manage their safety program, provide medical management, and analyze data. Employers also often incorporate computer programs with the latest technology in their quest for work comp cost control....

25/09/2020

All workers’ compensation settlement agreements need to have certain elements in order for the agreement to become finalized.

24/09/2020

Sometimes our birthdays do make us a bit wiser. Here is something to learn from mine...

Click here to access free PDF Download “The Step by Step Process to Master Workers’ Comp in 90 Days” Hello, and happy birthday to me; today is September 14th, and I celebrate today my 42nd birthday. It got me thinking as I go about on this day, what an extremely important lesson that we can .....

23/09/2020

Claim management teams will spend more money on a workers’ compensation claim the longer an injured employee stays off work. Period.

Claim management teams will spend more money on a workers’ compensation claim the longer an injured employee stays off work. Based on this given, it is essential for members of the claim management team to partner with their insured on getting that person back to work in a timely manner. This is t...

22/09/2020

When in doubt, deny, right? WRONG! A proper investigation in workers' comp makes everything easier.

Success in effective claim management starts with a proper investigation. When it is not done right, everything can and will go wrong. More money is spent on a claim, and employees stay off work longer. This reduces the ability of claim management teams from settling cases, and ensuring benefit paym...

21/09/2020

Workers' comp can be complicated and complex. However, our mother's taught us the best practices many years ago.

Dealing with injured workers can create many challenges for claims professionals and defense attorneys. These difficulties arise from a number of factors and are a reality of the adversarial workers’ compensation system. It is important to remember this issue when dealing with claimants. The follo...

04/09/2020

How many employees do you have out of work right now? Do you know the answer off the top of your head?

Click here to access free PDF download: “The 5 Critical Metrics to Measure Workers’ Comp Success” So I have a question for you. How many employees do you have out of work right now? How many employees do you have out of work right now? A Simple Answer You Should Know Hello, my name is …

03/09/2020

Return to work is fundamental to workers' compensation success. Here is how to make it a cornerstone of company culture.

One of the fundamentals of workers’ compensation cost containment is return to work programs. I have seen the effectiveness of these programs over and over. It was also stated in the RIMS 2010 Benchmark Survey, “as the percentage of workers who quickly return to work decreases, the chances a com...

02/09/2020

Injured workers constantly have medical appointments. Here is how to get the most out of those sessions.

Here are some thoughts, from a doctor’s perspective, on how to make your employees’ medical appointments more productive: Establish a cooperative relationship between your medical advisor and injured employee’s treating physician. It is essential that your medical advisor is available to call ...

01/09/2020

Here is a simple fact: it is essential to implement effective safety training guidelines to keep your employees safe and free from hazards.

The responsibilities that come with running a company are endless. These duties include budgeting, human resource decision and making a profit. Due to all of these demands, the goal of work environment safety must never get lost. It is essential to implement effective safety training guidelines to k...

31/08/2020

If a non-group health plan — liability, no-fault, or workers’ compensation insurer — fails to report the settlement obligation to Medicare on time, it could result in a whopping penalty.

If a non-group health plan — liability, no-fault, or workers’ compensation insurer — fails to report the settlement obligation to Medicare on time, it could result in a whopping penalty. As an example: Let’s say the final settlement of a workers’ compensation case occurred on April 1, 2020...