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Understanding Classification Rules in Workers’ Compensation

AMAXX

When it comes to managing workers’ compensation, understanding classification rules is fundamental. The higher the risk, the higher the workers compensation premium for that classification. Be Proactive About Audits : Workers compensation audits are a routine part of ensuring that businesses are accurately classified.

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2026 Medicare Advantage Broker Compensation Rates

PSM Brokerage

What Insurance Agents Need to Know About 2026 Medicare Advantage Commissions The Centers for Medicare & Medicaid Services (CMS) has released the official compensation rates for Medicare Advantage (MA) and Part D Prescription Drug Plan (PDP) enrollments for Contract Year (CY) 2026. Referral caps still apply – $100 for MA, $25 for PDPs.

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Demystifying Evidence-Based Medicine in Workers’ Compensation

AMAXX

Evidence-Based Medicine (EBM) is increasingly recognized as a critical component in workers’ compensation, influencing treatment decisions, recovery outcomes, and cost management. This ensures medical decisions in workers’ compensation are guided by the strongest available evidence. What is Evidence-Based Medicine?

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How Fear Impacts Workers’ Compensation Claims (and What to Do About It)

AMAXX

By understanding the role fear plays in workers compensation claims, employers can implement strategies to foster trust, improve outcomes, and reduce costs. The Link Between Fear and Litigation Studies have consistently identified fear as a major driver of workers compensation litigation. All state laws vary.

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Mistake: Accepting Every Workers’ Compensation Claim

AMAXX

Many companies operate under an unwritten rule: accept every workers compensation claim, no questions asked. A well-managed workers compensation program should pay 100% of legitimate claimsand 0% of the claims that arent. Fight Fraud and Exaggerated Claims Workplace injury fraud is a significant cost driver in workers compensation.

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Word & Brown Services Empower Independent Brokers

Word & Brown

Our focus is ensuring process efficiency gains, adoption of industry-leading tools, launching innovative products, streamlining enrollment and other processes, and maximizing opportunities for brokers. Whats important for you to know is that your partnership with us does not affect your compensation.

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The Role of Evidence-Based Medicine in Transforming Workers’ Compensation

AMAXX

In the intricate landscape of workers’ compensation, the pursuit of optimal outcomes for injured workers is paramount. In the context of workers’ compensation, EBM seeks to streamline care pathways and promote recovery by basing treatment plans on standardized guidelines and peer-reviewed evidence.