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The Grand Bargain: How Workers’ Comp Became a Win-Win for Employers and Employees

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The workers compensation system may feel like a complex web of insurance premiums, claims adjusters, and legal disputesbut at its core, its rooted in one simple idea: a compromise. Small companies especially found themselves at risk of being put out of operation entirely after just one major injury claim.

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

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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.

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Understanding Classification Rules in Workers’ Compensation

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The higher the risk, the higher the workers compensation premium for that classification. These rules are established by rating organizations like the National Council on Compensation Insurance (NCCI) in most states, though some states have their own rating bureaus.

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Mistake: Accepting Every Workers’ Compensation Claim

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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. Employers must have a structured approach for evaluating claims.

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Part 2: Workers’ Comp Independent Premium Audits Explained

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

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Demystifying Evidence-Based Medicine in Workers’ Compensation

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Evidence-Based Medicine (EBM) is increasingly recognized as a critical component in workerscompensation, influencing treatment decisions, recovery outcomes, and cost management. For claims professionals and employers, EBM offers confidence in recovery timelines and interventions, optimizing both recovery and financial outcomes.

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2 Common Mistakes In Workers’ Comp Doctor Selection

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These errors can have significant consequences, including prolonged recovery times, increased claims costs, and a greater likelihood of litigation. She was given a list of four medical providers but found that: Two providers did not accept workers compensation patients. The only available provider was 70 miles away.