AMAXX

MARCH 10, 2025

Proper layoff planning isn’t just about handling employment transitions; it’s crucial for controlling claims costs and ensuring that resources are available to support genuinely injured workers. Timely processing prevents claims from becoming unnecessarily expensive and ensures each case receives the attention it deserves.

Workers Comp

AMAXX

MAY 14, 2025

When a workers comp program isnt delivering results, many employers instinctively look outward. If you want a high-performing workers comp programone that reduces claims, controls costs, and supports injured employees you need a rockstar internal team. Step 2: Define Your Internal Team Workers comp is a team sport.

Workers Comp

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. This reduces the potential for prolonged indemnity claims continuing after layoffs.

Workers Comp

AMAXX

APRIL 30, 2025

When a workers compensation claim spirals into a costly, prolonged, or litigated nightmare, most people instinctively look for a technical failure: late paperwork, a coverage issue, or a misstep by the claims adjuster. The real reason many workers comp claims go off the rails? And guess what?

Workers Comp

AMAXX

MARCH 24, 2025

Click Link to Access Free PDF Download “Workers’ Comp Claims Review Checklist: 9 Must-Have, Serious-Impact Elements” A common and costly mistake employers make is overlooking allowable payroll deductions. It is crucial to segregate payroll accurately by the correct classification codes.

Workers Comp

AMAXX

MAY 6, 2025

In fact, bad hires aren’t just a performance issuethey are a financial and legal liability , particularly in industries where physical labor increases the risk of injury. Here’s why employers must start treating hiring as a risk management function , and what they can do to mitigate the hidden costs.

Workers Comp

AMAXX

MAY 26, 2025

But beneath the surface lies an intricate, interconnected web of stakeholders, each playing a unique role in managing the outcome of the claim. Workers compensation isnt a solo actits a team sport. Thats a critical mindset shift: every stakeholder in workers comp is here to support the employee-employer dynamic.

Workers Comp

Triple-I: Workers Compensation

MAY 20, 2025

William Nibbelin, Senior Research Actuary, Triple-I Economic uncertainty, industry-specific trends, and evolving risks were the focus of the NCCI Annual Insights Symposium (AIS) 2025 a key event for the workers compensation industry. Both medical and indemnity claim severity increased by 6 points in 2024.

Workers Comp

AMAXX

JULY 1, 2025

If there’s one universal truth in workers’ compensation, it’s this: The best claim is the one that never happens. Injuries occur, costs mount, and safety meetings become reactive discussions about what went wrong rather than proactive strategies to keep workers safe. Prevention is far cheaper than paying claims.

Injury

AMAXX

MAY 27, 2025

In the world of workers compensation, few factors have a more immediate and measurable impact on claim outcomes than lag time the delay between when an injury occurs and when it is reported to the carrier or third-party administrator (TPA). Beyond four weeks , claim costs jumped 31%. Here’s what you need to know.

Claim

AMAXX

JULY 17, 2025

When it comes to workers’ compensation costs, many employers focus on claims management, safety programs, and return-to-work initiatives. These two factors can dramatically influence your experience modification factor (mod) and ultimately how much you pay for workers’ comp insurance. A mod of 1.00 A mod below 1.00

Workers Comp

AMAXX

JULY 22, 2025

In workers’ comp, hospital and provider bills come loaded with acronyms, codes, and charges that can seem impenetrable. But buried in those pages are opportunities— opportunities to catch costly errors, curb overcharges, and prevent claim bloat. This is where major savings—15% to 35% of charges—can be realized.

Workers Comp

AMAXX

MARCH 4, 2025

However, for many workers, an overwhelming fear of losing their jobs adds unnecessary stress to an already difficult situation. Research has shown that fear of being fired is one of the top predictors of negative claim outcomes, including increased litigation rates and extended time off work. Heres how: 1.

Workers Compensation

AMAXX

JULY 8, 2025

Yet, tucked inside this humble document lies one of the most powerful risk management tools a company has. A clear, accurate job description isn’t just a recruiting aid—it’s a secret weapon for safer hiring, lower workers’ compensation costs, and legal protection against costly discrimination claims. Here’s how: 1.

Workers Comp

AMAXX

JUNE 30, 2025

Suddenly, multiple departments spring into action—HR files paperwork, safety investigates hazards, risk management analyzes costs, and someone else tracks regulatory compliance. Risk Management analyzes claims costs, tracks data, and develops cost-containment strategies. The result? If it’s not documented, it’s not done.”

Injury

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

AMAXX

FEBRUARY 24, 2025

However, there are times when the NCM doesn’t serve a specific purpose and is assigned to the claim to get it moving. Ask your third-party administrator or adjuster to work with you to determine when nurses are needed to resolve claims quickly and ensure good-quality medical care for employees.

Workers Compensation

AMAXX

JULY 14, 2025

When it comes to workers’ compensation, small claims might seem harmless. After all, fewer claims mean fewer red flags on your insurance history—right? Especially in ERA states , choosing not to report those small claims could end up costing far more in the long run. So, a $10,000 medical-only claim? Not always.

Claim

AMAXX

MAY 21, 2025

In reality, the employer foots the bill for every dollar spent in the workers compensation system. Understanding who truly pays for workers comp is more than a technicalityits a mindset shift that unlocks better program management, smarter spending, and improved outcomes for injured workers. roofing vs. clerical work).

Workers Comp

AMAXX

FEBRUARY 18, 2025

Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk. Each classification is assigned a code, which corresponds to a certain level of risk associated with that type of work. The higher the risk, the higher the workers compensation premium for that classification.

Workers Compensation

AMAXX

MARCH 24, 2025

This post is one in a 3-part series: Part 1: Workers Comp Independent Premium Audits Explained Part 2: Workers Comp Independent Premium Audits Explained Part 3: Workers Comp Independent Premium Audits Explained To qualify for this treatment, construction employers must keep meticulous records specifying exact hours worked per classification code.

Workers Comp

AMAXX

MARCH 11, 2025

Effectively managing workers compensation requires careful oversight and proactive measures to identify and prevent fraudulent or exaggerated claims. Surveillance serves as a powerful tool in validating claims, protecting your organizations financial health, and ensuring resources are dedicated to genuinely injured employees.

Workers Comp

AMAXX

JULY 15, 2025

Your experience mod is essentially your company’s credit score for workers’ comp. It compares your actual workers’ compensation losses to the losses expected for similar businesses in your industry. It’s a measure of risk—the insurer’s way of predicting your future claims based on your past history. is average.

Workers Comp

AMAXX

JULY 7, 2025

Nearly one in three people applying to work for you might not be who they claim to be. And while a little résumé fluff might seem harmless, the consequences can be anything but—especially when it comes to workers’ compensation costs and workplace safety. They’re a direct threat to your bottom line.

Workers Comp

AMAXX

MAY 6, 2025

A lack of structured onboarding is a silent contributor to workplace accidents, workers comp claims, and high turnover. The Data Doesnt Lie: First-Year Employees Are at Highest Risk According to data cited in Workers Comp Mastery Training , nearly 35% of all workplace injuries occur in an employees first year.

Injury

AMAXX

JULY 21, 2025

These early choices can set the tone for the entire life of a claim—driving up medical costs, lost time, and even litigation. Enter nurse-led injury triage —one of the most cost-effective and underutilized tools in workers’ comp. Over-treatment, unnecessary claims, and inflated costs. An unnecessary MRI. The result?

Injury

AMAXX

FEBRUARY 10, 2025

Their response in the first moments after an injury determines whether the process leads to a smooth recovery or spirals into an expensive, drawn-out claim. Just as the Eagles didnt let distractions get in their way, companies cant afford to ignore how their leadership shapes workers comp outcomes.

Injury

AMAXX

JUNE 26, 2025

When people think about avoiding workers’ compensation litigation, their minds often go to legal strategies, claim investigations, or maybe physician networks. But one of the most powerful tools to manage claims effectively—and prevent lawsuits altogether—isn’t even legal. An injured worker wasn’t contacted soon enough.

Workers Comp

AMAXX

MARCH 4, 2025

The direct costs of workers’ compensation claims, medical expenses, and lost productivity add up quickly. Strategic Shift: View OSHA compliance not just as risk management but as a differentiator that sets your business apart. Heres how: 1. OSHA Compliance as a Cost-Saving Strategy Workplace injuries are expensive.

Workers Comp

AMAXX

JULY 3, 2025

If there’s one thing safety and risk professionals agree on, it’s this: Nobody has time to waste. Risk management tracks claims. Risk Management initiates the workers’ compensation claim, tracks costs, and gathers data. Both OSHA and workers’ comp care deeply about these details. The problem?

Workers Comp

AMAXX

MARCH 17, 2025

When applied to workers compensation, understanding these behavioral drivers can reveal how well-intended policies may be unintentionally encouraging behaviors that increase claims, prolong recovery times, or inflate costs. Small injuries go unaddressed, leading to more severe claims down the road. The unintended consequence?

Workers Comp

AMAXX

JULY 30, 2025

With a 4% profit margin, your company needs to generate $293,750 in revenue just to make up for that one claim. compared to companies where 90–100% of workers return quickly. That means your workers’ comp program is not just a safety measure—it’s a profit protection tool. But that’s not the full story.

Workers Comp

AMAXX

FEBRUARY 24, 2025

This structured approach allows medical professionals and claims managers to determine the most effective treatments for injured workers, ensuring care aligns with scientifically validated best practices. Guide claims management Identifying when additional medical evaluation or intervention may be necessary.

Workers Compensation

Simply Insurance

JUNE 28, 2025

For example, if you have a $250,000 limit on your policy, that means the insurer will only pay out up to $250,000 in the event of a covered claim. If you have a $1,000 deductible, you will need to pay the first $1,000 of any covered claim yourself. The first step is to contact your insurance company and start the claims process.

Home Insurance

AMAXX

FEBRUARY 18, 2025

Achieving a 90% return-to-work rate within 0-4 days is the gold standard for managing workers’ compensation claims, with best-in-class organizations reaching 95%+. 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

AMAXX

JULY 24, 2025

As the workforce ages, employers face a growing challenge in managing the impact of chronic pain on workers’ compensation claims. In workers’ comp, chronic pain is not just a medical issue—it’s a cost driver, a productivity barrier, and often a root cause of long-term disability.

Workers Comp

Mark Jackson Insurance Agency

MARCH 19, 2025

Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. Without the right coverage, unforeseen challenges—such as property damage, employee injuries, or legal issues—could put your investment at risk.

Workers Compensation