Page 16 - Workers Comp News Today

05/28/21 Workers Comp Wage Statements – Adjuster Reviews Saves Later Headaches One of the most reviled forms in the claims process is workers comp wage statement. Many states require very complex forms to be filed by the claims departments. Employers usually like them even less. The term “necessary evil” comes to mind on what can be a large task. An article on the definitionof wage statements can be found here. Then again, in many of the files, I have reviewed, the workers comp wage s...

May 6 was National Nurses Day. In celebration of the day, I wanted to bring up a subject that I have seen overlooked in quite a few Workers Comp files – Field Case Managers. If you want to see nurses doing heroic duties, check out my articles on receiving my (c) Wikimedia Commons – Vlastimil One extremely overlooked area in Workers Compensation is Field Case Managers, or as I like to call them – Rehab Nurses. A Field Case Manager does not have to be an RN or LPN, but most Field Case Ma...

Jeff Bezoss Workers Comp Worry Shared By All Employers Below is the passage from Bezoss final letter to his shareholders. Amazon has invested a large amount of time and funds into reducing this type of warehouse and repetitive motion injuries – better known as the ubiquitous musculoskeletal injuries. This type of injury has driven a number of large companies and small manufacturers crazy over the past few decades. The passage from the —————————————————�...

05/10/21 WorkersCompensation.com San Jose, CA (WorkersCompensation.com) - Man Tat Szeto, the owner of a large Bay Area construction firm, admitted to committing felony workers compensation insurance fraud after years of firing employees when they requested medical treatment for work-related injuries. Between 2016 and 2019, Szeto, 71, of San Ramon, avoided approximately $86,000 in premium payments to his insurer by underreporting employees and injuries. To further his scheme, Szeto used the ban...

The Hartford Financial Services Group Inc (HIG) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © Provided by The Motley Fool The Hartford Financial Services Group Inc (HIG) Q1 2021 Earnings Call Transcript © The Motley Fool Logo of jester cap with thought bubble. The Hartford Financial Services Group Inc (NYSE: HIG) Popular Searches Operator Good day, and welcome to Hartfords First Quarter 2021 earnings conference call. [Operator Instructions] Id now like to tu...

How Workers Comp Claim Development Works There are two steadfast rules in Workers Comp ratings. They are: Your policy does not show up in your Experience Mod until the following year. Yes, the claim totals are delayed for one year. For example – your 01/01/2019 – 01/01/2020 policy will not affect your companys Mod until 1/1/2021 – 1/1/2022. The very important UNIT STAT Date is 07/01/2020 – when the claim values peg to the NEXT years Mod. The reason for the six-month delay is cal...

McCloud Fire Department disappointed that ZIB contract wasnt approved Shareen Strauss Mt. Shasta Area Newspapers The McCloud Community Services District voted 3 to 2 last week against a $30,000 contract from ZIB (Zone of Increased Benefits) for the McCloud Fire Department.   The contract was for the volunteer fire department in McCloud to respond to the greater McCloud area, which includes Squaw Valley Road, Mt Shasta Forest, and Wilderness Estates subdivisions, which the fire department alre...

Why did I not include the 4/1/19 to 4/1/2020 policy? Why is it 25% when your fraction shows 50%? Why are you using 2019 policies? My corresponding answers were: I considered the start of the pandemic 04/01/2020. The Workers Comp claims pandemic data should start there. The policies that covered 04/01/2019 – 04/01/2020 would not cover any pandemic dates. I could have used 04/02/2019 or 04/03/2019, etc. but the chart would have been massive. The chart could have been continued through today,...

When workers comp claims for COVID-19 fall through the cracks, the costs often land on sick employees and taxpayers As outbreaks close workplaces and force people to stay home, some claims get turned down - but many employers never filed them in the first place. In the end, relief programs like CERB and private insurers pay the price Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation ha...

03/12/21 Texas Says Report COVID-19 Vaccination Reaction Claims (Work-Related) In reading various Workers Comp publications – yes, I do that in the evenings, I came across an article that caught my eye. The Texas Department of Insurance released a memo on March 2, 2021, that employers should report any COVID-19 vaccination reaction claims to their carrier/TPA by filling out a report of injury. (c) Public Domain – CDC That request piqued my interest enough to cause me to research the memo...