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).

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Workers Comp Workers Compensation Premium Injury 66

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 17, 2025

The Link Between Trust and Outcomes A study conducted by the Workers Comp Research Institute (WCRI) highlights the crucial role that trust and fear play in an injured workers recovery and financial stability. ” Workers need clear, timely updates about their benefits, particularly wage replacement checks.

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Workers Comp Claim Workers Compensation Injury 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.

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Workers Comp Premium Injury Workers Compensation 71

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.

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Workers Comp Risk Injury Workers Compensation 85

AMAXX

MAY 13, 2025

Thats as true for workers comp as it is for fitness, finance, or sales. With just five core metrics , you can quickly diagnose the health of your workers compensation program , prioritize where to act, and measure your progress over time. It’s a leading indicator of workplace safety and risk exposure.

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Workers Comp Injury Workers Compensation Claim 59

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. Invite them to tour your facility beforehand to enhance their understanding of potential injury contexts.

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Workers Comp Claim Workers Compensation Injury 59

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.

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Workers Comp Claim Workers Compensation Injury 59

AMAXX

FEBRUARY 10, 2025

Supervisors in the workplace, much like a championship teams defense, play a pivotal role in injury management. 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. Research by Scott W. Heres a step-by-step guide for supervisors: 1.

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Injury Workers Comp Workers Compensation Claim 66

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.

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Workers Comp Premium Workers Compensation Compensation 59

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? Here are four high-impact ways to start: 1.

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Workers Comp Claim Workers Compensation Injury 59

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. This is attributed to decreases in rates outpacing payroll growth, including a 9.2-point

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Workers Comp Workers Compensation Compensation Claim 45

AMAXX

MAY 6, 2025

But whats often missed is that onboarding is one of the most critical safety tools in a companys injury prevention strategy. Injury rates dont spike after years on the jobthey surge within the first few days and weeks of employment. 44% of construction injuries are first-year incidents.

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Injury Workers Comp Workers Compensation Claim 59

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.

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Workers Compensation Compensation Workers Comp Premium 103

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.

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Claim Workers Comp Injury Workers Compensation 71

AMAXX

MARCH 11, 2025

Large claims can have significant long-term impacts on premiums, experience modification factors, and overall workers’ compensation costs. Sub-rosa investigationsundercover surveillance designed to discreetly document claimant activityprovide evidence to substantiate or challenge the severity of reported injuries.

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Workers Comp Claim Workers Compensation Injury 52

AMAXX

SEPTEMBER 16, 2024

Work-related injuries can occur in any industry, and when they do, the aftermath can be chaotic and stressful for all parties involved. To mitigate confusion, it’s essential for companies to have a clear and consistent post-injury response procedure. One of the most critical aspects of these procedures is consistency.

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AMAXX

JANUARY 6, 2025

When embarking on the journey to master workers compensation, the road is well-traveled and marked by proven strategies. Our three components to achieve workers comp mastery are: Framework , Employer Controls , and External Controls. Examples of this misidentification include: “We have a ton of adjuster turnover.”

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Workers Comp Building Workers Compensation Compensation 105

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. Employers should: Develop an Employee Workers Compensation Brochure that explains what to expect if they get hurt. The consequences of these fears are significant.

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Workers Compensation Compensation Claim Workers Comp 82

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.

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Workers Comp Risk Workers Compensation Premium 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?

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Workers Compensation Compensation Workers Comp Claim 66

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%+. Consider Psychosocial Factors Recovery from work injuries is often influenced by psychological and social barriers that go beyond physical healing.

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Workers Comp Injury Workers Compensation Compensation 91

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.

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Workers Comp Injury Compensation Claim 102

AMAXX

MARCH 17, 2025

For example: If production is prioritized over safety , employees may feel pressured to work through injuries or avoid reporting them. How Incentives Shape Behavior in Workers Comp Incentivesboth financial and non-financialare at the heart of many workers’ comp challenges. The unintended consequence?

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Workers Comp Workers Compensation Injury Compensation 66

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.”

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Injury Workers Comp Workers Compensation Compensation 105

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.

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Workers Comp Workers Compensation Injury Compensation 98

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. One of the most common questions at the time of injury is, How long will my employee be off work?

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Workers Compensation Compensation Workers Comp Injury 66

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.

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Workers Comp Risk Workers Compensation Injury 64

Mark Jackson Insurance Agency

APRIL 21, 2025

Crutches leaning against a wall by Anna Shvets Workplace injuries affect more than just your team. For business owners, preventing injuries is key to protecting employees, maintaining productivity, and minimizing workers compensation claims. Training is another effective tool for injury prevention.

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Workers Compensation Injury Compensation Claim 52

AMAXX

MARCH 4, 2025

OSHA Compliance as a Cost-Saving Strategy Workplace injuries are expensive. The direct costs of workers’ compensation claims, medical expenses, and lost productivity add up quickly. A proactive safety strategy aligned with OSHA standards can drastically reduce workplace injuries, lowering both direct and indirect costs.

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Workers Comp Workers Compensation Injury Compensation 71

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.

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Workers Compensation Compensation Workers Comp Injury 98

AMAXX

JANUARY 13, 2025

Lets explore the roles of these critical players in a workers’ compensation system. 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.

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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 52

Workers Compensation Liability Property Damage Inland Marine Insurance 52

Simply Insurance

JUNE 12, 2025

Water Fire Windstorm & Hail Lightning Lawsuits Vandalism & theft Riot and civil commotion Injury Does Homeowners Insurance Cover Rental Properties? Landlord insurance is worth it as a landlord to mitigate your risk and protect yourself from financial loss. Is landlord rental insurance worth it?

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Insurance Quotes Life Insurance Insured Insurance 94

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.

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Workers Compensation Injury Compensation Workers Comp 59

Simply Insurance

JUNE 11, 2025

Water Fire Windstorm & Hail Lightning Lawsuits Vandalism & theft Riot and civil commotion Injury Does Homeowners Insurance Cover Rental Properties? Landlord insurance is worth it as a landlord to mitigate your risk and protect yourself from financial loss. Is landlord rental insurance worth it?

Insurance Quotes 86

Insurance Quotes Life Insurance Insured Insurance 86

AMAXX

AUGUST 7, 2024

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 102

Workers Compensation Compensation Workers Comp Premium 102