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

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. Contact: mstack@reduceyourworkerscomp.com.

Workers Comp 66

Workers Comp Risk Workers Compensation Premium 66

AMAXX

MAY 6, 2025

Hiring is more than finding the right resume or filling a seatits the first and most important line of defense in preventing workplace injuries and reducing workers comp costs. Employers struggling with first-year injuries, high turnover, or repeat claims often have something in common: a reactive hiring process.

Workers Comp 84

Workers Comp Claim Injury Workers Compensation 84

AMAXX

AUGUST 26, 2024

To better grasp this, let’s walk through a hypothetical scenario that illustrates two different supervisor responses to an employee’s injury and explore the potential consequences of each approach. Then, we’ll talk about how we can work together to accommodate your injury and help you return to the team as soon as possible.”

Injury 105

Injury Workers Comp Workers Compensation Compensation 105

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). Set a Clear Goal The gold standard for reporting an injury should be within 10 minutes.

Claim 71

Claim Workers Comp Injury Workers Compensation 71

AMAXX

MARCH 18, 2025

When a workplace injury occurs, selecting the right physician is a critical factor in ensuring a smooth recovery and return to work. While using an approved network is necessary for insurance and cost-control reasons, not all doctors within the network are equally effective at managing workplace injuries.

Workers Comp 94

Workers Comp Workers Compensation Injury Compensation 94

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. This concept is known as “multiple classifications,” and it ensures each distinct part of a business accurately reflects its own risk profile. All state laws vary.

Workers Comp 104

Workers Comp Premium Workers Compensation Compensation 104

AMAXX

FEBRUARY 18, 2025

Consider Psychosocial Factors Recovery from work injuries is often influenced by psychological and social barriers that go beyond physical healing. How to Overcome This Barrier Engage a Medical Advisor for Peer Review A peer review physician evaluates whether the treating doctors recommendation aligns with best practices for injury recovery.

Workers Comp 91

Workers Comp Injury Workers Compensation Compensation 91

AMAXX

MARCH 4, 2025

Past Negative Experiences : If a company has a history of poorly handling claims or has terminated employees following an injury, fear will be heightened. Making it clear in company policies that an injury will not automatically lead to job loss. You should consult with your insurance broker, attorney, or qualified professional.

Workers Compensation 82

Workers Compensation Compensation Claim Workers Comp 82

AMAXX

MAY 26, 2025

When a workplace injury occurs, most people think of two parties: the injured worker and the employer. Insurance Carrier The carrier underwrites the policy and carries the financial risk for claims (in guaranteed cost programs). For self-insured employers, the TPA is typically the frontline claims handler.

Workers Comp 66

Workers Comp Workers Compensation Injury Claim 66

AMAXX

FEBRUARY 24, 2025

The injury coordinator can evaluate these aspects of both telephonic case management and field-based case management by first emailing the adjuster and stating the above. Also, the injury coordinator should know whether your NCM is an RN or a Licensed Practical Nurse (LPN). Can we get a list of all claims that have NCM assigned?

Workers Compensation 66

Workers Compensation Compensation Workers Comp Claim 66

AMAXX

MARCH 24, 2025

Payroll serves as a primary measure of the employer’s exposure to potential workplace injury and thus significantly impacts premium costs. Accurate payroll accounting reflecting these deductions helps maintain appropriate premium charges aligned with actual exposure to injury risk. However, strict rules apply.

Workers Comp 71

Workers Comp Premium Injury Workers Compensation 71

AMAXX

FEBRUARY 24, 2025

Evidence-Based Medicine (EBM) plays a critical role in workers compensation, guiding both medical professionals and non-medical stakeholders in making informed decisions about injury treatment, recovery time, and return-to-work strategies. This ensures that EBM guidelines reflect a comprehensive, well-rounded approach to injury treatment.

Workers Compensation 66

Workers Compensation Compensation Workers Comp Injury 66

AMAXX

FEBRUARY 17, 2025

” Fear of termination often outweighs the physical and financial stress of an injury. These concerns could be addressed proactively with a structured post-injury communication plan. Consider using an injury triage system to connect employees with medical professionals early in the process. All state laws vary.

Workers Comp 66

Workers Comp Claim Workers Compensation Injury 66

AMAXX

MAY 13, 2025

Total Recordable Incident Rate (TRIR) Why it matters: TRIR, an OSHA metric, tracks how often injuries happen. It’s a leading indicator of workplace safety and risk exposure. How to calculate it: (Number of OSHA recordable injuries 200,000) total hours worked by all employees. Its both a cost and culture metric.

Workers Comp 59

Workers Comp Injury Workers Compensation Claim 59

AMAXX

MARCH 4, 2025

OSHA Compliance as a Cost-Saving Strategy Workplace injuries are expensive. A proactive safety strategy aligned with OSHA standards can drastically reduce workplace injuries, lowering both direct and indirect costs. Strategic Shift: View OSHA compliance not just as risk management but as a differentiator that sets your business apart.

Workers Comp 71

Workers Comp Workers Compensation Injury Compensation 71

AMAXX

MAY 14, 2025

This could be: A risk manager An HR director A safety leader An injury coordinator What matters is not the titleits the accountability. You need representation from all the critical areas involved in the injury lifecycle. Think of it like branding for your injury management program. And no one really does.

Workers Comp 69

Workers Comp Building Injury Workers Compensation 69

AMAXX

MARCH 17, 2025

For example: If production is prioritized over safety , employees may feel pressured to work through injuries or avoid reporting them. While this seems logical, it often results in employees not reporting injuries out of fear theyll cost their team a bonus. Small injuries go unaddressed, leading to more severe claims down the road.

Workers Comp 66

Workers Comp Workers Compensation Injury Compensation 66

AMAXX

MARCH 10, 2025

Pressure in an Uncertain Job Market When layoffs occur, employees might rush to file claims for minor injuries they’ve previously worked through, feeling pressured by the uncertain job market. Invite them to tour your facility beforehand to enhance their understanding of potential injury contexts. All state laws vary.

Workers Comp 59

Workers Comp Claim Workers Compensation Injury 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

MAY 21, 2025

Whether youre an HR leader, risk manager, broker, or vendor, setting the record straight on this issue is the first step toward better results. Classification rate is based on job risk (e.g., Injury response scripts: Reinforce during claims that the employer is covering their wages and care. roofing vs. clerical work).

Workers Comp 66

Workers Comp Workers Compensation Premium Injury 66

AMAXX

JULY 29, 2024

In the realm of workers’ compensation, the role of an injury coordinator is pivotal. This position is crucial for managing the complex processes associated with workplace injuries, ensuring both compliance with regulations and the well-being of employees.

Workers Compensation 59

Workers Compensation Injury Compensation Workers Comp 59

Agency Height

MAY 13, 2025

Protect your future with comprehensive Insurance for College Athletescovering injuries, loss of scholarships, and career-ending risks.

Injury 52

Injury Insurance Insured Insurer 52

Distinguished

MARCH 20, 2025

Additionally, defects in windows, doors, handrails, and stairs not only contribute to drafts and security concerns but also increase the risk of falls. Blocked emergency exits or fire escapes and electrical hazards, including exposed wiring or overloaded circuits, further compound these risks.

Broker 52

Broker License Insurance Broker Risk 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. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers Comp Training Center.

Workers Comp 59

Workers Comp Claim Workers Compensation Injury 59

AMAXX

JANUARY 14, 2025

Workers’ compensation programs are a cornerstone of workplace safety and risk management. While their primary purpose is to ensure employees receive medical and wage replacement benefits for work-related injuries, they also offer critical advantages to employers.

Workers Compensation 98

Workers Compensation Compensation Workers Comp Injury 98

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

APRIL 30, 2025

First-Day Phone Call: The Empathy Sandwich The first 24 hours after an injury are the most critical. Distribute this brochure at hire and again after an injury. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers Comp Training Center. Here are four high-impact ways to start: 1.

Workers Comp 59

Workers Comp Claim Workers Compensation Injury 59

AMAXX

AUGUST 7, 2024

Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk. Classification rules are guidelines used by rating bureaus and insurance companies to categorize businesses based on the type of work they perform. What Are Classification Rules?

Workers Compensation 102

Workers Compensation Compensation Workers Comp Premium 102

AMAXX

JANUARY 13, 2025

Insurance Company: The Risk Bearer Often referred to as the underwriter, insurer, or carrier, the insurance company provides the workers’ compensation policy and assumes the employers risk. Leveraging a brokers expertise is particularly beneficial for navigating complex claims and preventative strategies.

Workers Compensation 98

Workers Compensation Compensation Workers Comp Broker-Agent 98

AMAXX

OCTOBER 24, 2024

Workplace injuries can have significant financial and operational impacts on businesses, but the cost to the employee is often much greater. From physical pain to financial insecurity, an injury can be life-altering. Despite this, many employers overlook one of the most critical aspects of workplace injury management: rehabilitation.

Workers Compensation 105

Workers Compensation Compensation Injury Workers Comp 105

AMAXX

MARCH 11, 2025

Click Link to Access Free PDF Download “The 5Cs to Taking a Bulletproof Injured Worker Recorded Statement” Thorough surveillance can mitigate risk by ensuring only legitimate claims receive payment, protecting your financial stability. You should consult with your insurance broker, attorney, or qualified professional.

Workers Comp 52

Workers Comp Claim Workers Compensation Injury 52

AMAXX

SEPTEMBER 9, 2024

A board-certified physician reviews whether the injured worker is receiving the best possible care for their injury and identifies areas where the treating physician may lack knowledge or deviate from standard medical care. Diagnosis and prognosis remain unclear, or the disability period is disproportionate to the injury.

Workers Comp 102

Workers Comp Injury Compensation Claim 102

AMAXX

OCTOBER 8, 2024

Transitional duty allows employees to return to the workplace in a modified capacity while they continue to recover from their injuries. Both approaches offer unique advantages depending on the nature of the injury and the availability of suitable work within the company.

Workers Compensation 104

Workers Compensation Compensation Injury Workers Comp 104

Distinguished

FEBRUARY 24, 2025

However, for insurance brokers, the wide spectrum of restaurants represents both a challenge and an opportunity. With thousands of restaurants in Charlotte and across North Carolina, the need for comprehensive insurance coverage is vital.

Liability 52

Liability Liability Insurance Insurance Insured 52

Property Insurance Centre

MAY 19, 2025

The person may require support as a result of those injuries or may have had some loss of earnings due to their inability to work, hypothetically. If those injuries are deemed a result of the Property Owners Negligence, the you may have to foot the bill. This is where it is important your are insured adequately.

Commercial Property 52

Commercial Property Commercial Insurance Insured 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. Early reporting and hazard mitigation are key to preventing costly claims and minimizing downtime.

Workers Comp 98

Workers Comp Workers Compensation Injury Compensation 98