Archive For The “Work Comp” Category

Work Comp Insights: The Defense Base Act

By | April 22, 2014

The Defense Base Act (DBA) was established in 1941 to protect workers on military bases outside the United States. Overseas federal military and public works contractors are subject to the same workers’ compensation rules—including the same insurance requirements and schedules of benefits for affected workers—as maritime firms covered by the Longshore and Harbor Workers’ Compensation […]

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Work Comp Insights: What’s Driving Your Mod?

By | April 22, 2014

A mod analysis can provide valuable insight into your business operations and workers’ compensation losses. If you have a basic understanding of how a mod is calculated, you can use a few simple equations to gain a deeper understanding of the factors contributing to your number.   Determination of the minimum mod The minimum mod, also […]

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Work Comp Insights: Five Steps to Reducing Workers’ Compensation Costs

By | April 22, 2014

When a company experiences significant increases in workers’ compensation costs, it usually triggers internal activities aimed at reducing insurance costs and spending. The key to spending fewer dollars is more than just stopping a few accidents; it is having a sound safety program designed to continuously improve. This is where a safety program that, at […]

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Work Comp Insights: Establishing a Clinic Relationship

By | March 7, 2014

Chances are your organization has a process for making significant purchases. But does that process include medical care for injured employees? Probably not. Without any guidance, your injured employees may seek care from their family doctors or other general practitioners in your health care network. However, these care providers may not be optimally qualified to […]

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Work Comp Insights: The NCCI Remuneration Rule

By | March 7, 2014

In all states but Washington, workers’ compensation insurance uses a remuneration process as the basis for determining the workers’ compensation exposure. Payroll is the most common part of remuneration; however, other components are included as well, such as vacation pay and meals. Most states abide by the rules established by the National Council on Compensation […]

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Work Comp Insights: Waddell’s Signs and Workers’ Compensation Claims

By | March 7, 2014

Waddell’s signs are a group of physical signs designed specifically to detect non-organic components to lower back pain. A non-organic problem or symptom is one that deviates from the usual presentation of a particular disease.   When Dr. Gordon Waddell first developed these signs in the 1980s, physicians used them to detect malingering patients, especially […]

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Work Comp Insights: Safety and Health Assistance for Small Businesses

By | March 7, 2014

The Occupational Safety and Health Administration (OSHA) created the Office of Small Business Assistance to help small business employers understand their safety and health obligations, access compliance information, provide guidance on regulatory standards and to educate them about cost-effective means for ensuring the safety and health of worksites. OSHA encourages all businesses to establish safety […]

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Work Comp Insights: Benefits of an Actuarial Consultant

By | March 7, 2014

Understanding and utilizing a consulting actuary provides a competitive advantage for risk management professionals. While there is no guaranteed way to predict the future, an actuarial analysis looks at historical data to provide you with a forecast of coming financial situations, giving you the opportunity to prepare for upcoming expenses. It can also help you justify […]

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Work Comp Insights: The Building Blocks of a Safe Workplace

By | February 19, 2014

Building a comprehensive safety culture is the best way to reduce illnesses and injuries, and their associated costs. But creating such a culture is not an overnight process or “flavor of the month” program. Instead, it is a multi-year, top management commitment that results in an organization with low accident rates, low turnover, low absenteeism […]

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Work Comp Insights: Accomodating Permanent Work Restrictions

By | February 19, 2014

When an on-the-job injury or illness results in permanent work restrictions, employers are required to provide the injured worker a position that fits medically determined specifications.   If you are unable to accommodate the permanent work restrictions, vocational rehabilitation benefits are available to the injured employee. These benefits may include job placement services, retraining or […]

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