Dr. Jacob Lazarovic Joins Amaxx As Medical Advisor

Kennebunkport, Maine. September 13, 2017 – Amaxx, the nation’s leading resource for workers’ compensation cost containment best practices is proud to announce the addition of Jacob Lazarovic, MD as Medical Advisor.  Dr. Lazarovic will work directly with Amaxx Virtual Consulting professional services clients on the evaluation and implementation of workers’ compensation medical cost containment best practices.

 

Jacob Lazarovic, MD brings to Amaxx 30 years of experience in medical management and managed care. He has been published extensively in industry journals and has held several senior medical management positions at companies including HealthAmerica, Blue Cross/Blue Shield of Florida and Vivra Specialty Partners.

 

Dr. Lazarovic comes to Amaxx from Broadspire, where he spent 18 years as Chief Medical Officer. In this role, his department produced clinical guidelines and criteria to support sound medical claim and case management practices; participated in analysis, reporting and benchmarking of outcomes and quality improvement initiatives; developed educational and training programs that updated the clinical knowledge and skills of claim professionals and nurses; provided expertise to enhance the medical bill review process; and operated a comprehensive and unique in-house physician review (peer review) service.

 

“I am thrilled to be working with Dr. Lazarovic,” said Michael Stack, CEO of Amaxx, adding, “I’ve worked with Dr. Jake for many years in his role as Chief Medical Officer at Broadspire prior to his retirement, and have tremendous respect for what he accomplished for that organization.  I value the opportunity to work with him more closely, as well as share his knowledge and expertise with my client base.”

 

Dr. Lazarovic, who is based in Boca Raton, FL stated “it is a pleasure to be working with Michael and Amaxx.  I look forward to focusing on the clinical aspects of its consulting activities, enabling clients to better ensure that the medical services they manage are of optimal quality, availability, and cost-effectiveness.”

 

 

Workers’ Comp Mastery Training

 

Join Michael Stack & Dr. Lazarovic in their Workers’ Comp Mastery training session “How to Leverage Evidence Based Medicine to Create Better Workers’ Comp Claim Outcomes” on Tuesday, September 19, 2017 at 2:00 pm EST.  Learn how to leverage evidence based medicine tools, review case examples, as well as best practices on integrating evidence based medicine into your program.

 

 

About Amaxx

 

Amaxx helps employers in all industries reduce workers’ compensation costs through education, publishing and consulting. The injury management system taught is a best-in-class process based on 25 years experience lowering employer’s workers’ compensation costs while improving overall program efficiency.  Contact Michael Stack, mstack@reduceyourworkerscomp.com.

 

 

 

Medicare is Taking Action… and Other Workers’ Comp News Tidbits

Medicare Set Aside Compliance – Medicare is Taking Action

As the Centers for Medicare and Medicaid Services (“CMS” or “Medicare”) ratchet up their active monitoring of Medicare Set Aside (“MSA”) accounts, using a professional administrator to help make sure reporting is in order is becoming even more critical.

 

There is no doubt that CMS is taking compliance with the Medicare Secondary Payer Guidelines more seriously these days.  Just take a look at the sequence of initiatives they have put into motion over the past several years to prevent wrongful payments from the Medicare fund – from implementing mandatory reporting to earlier recovery processes to expanding the scope of MSAs to liability and non-fault cases. (see Exhibit A for a brief timeline of Medicare’s actions)

 

 

The Mission of WILG to Help Injured Workers

The Workers’ Injury Law & Advocacy Group also known as WILG, is the national non-profit membership organization dedicated to representing the interests of millions of workers and their families who, each year, suffer the consequences of work-related injuries or occupational illnesses. In this podcast, Ringler Radio host Larry Cohen and co-host, Duke Wolpert talk to attorney Michael K. Gruber, President of WILG, about his mission for 2017 and what to watch for in legislation that might impact workers.

 

 

Elite Women in Insurance 2017

Despite women’s growing presence in the insurance industry, few have successfully broken through into leadership roles – but the women featured on the following pages prove that’s slowly changing. Nearly 20% of the 2017 Elite Women hold top CEO or leadership positions, including the first female to start an insurance provider in the US. But the list doesn’t end there – it also includes countless executive officers, division heads, agency managers and more who have overcome obstacles and broken barriers to become some of the industry’s top professionals.

 

 

2017 RAND Study Evaluates Occupational Disability Guidelines (ODG)

RAND Corp. published its review of the (1) Technical Quality and (2) Clinical Acceptance of the Occupational Disability Guidelines (ODG) published by Work Loss Data Institute (WLDI). This paper briefly discusses the RAND report. WLDI publishes the ODG, arguably the most successful treatment guidelines in the occupational medicine space. Over 100,000 users support the platform. Continually updated, ODG incorporates over 10,000 ICD-9 codes, 65,000 ICD-10 codes, and 10,000 CPT codes

 

 

Optimistic Voices

Workers’ comp industry optimists expect that President Trump’s economic policies will help propel additional insurer premium volume growth through 2017 and even beyond. Recent growth in employment and wages are expected to generate billions in new workers’ comp premiums written. Factors like lower business taxes, reduced regulatory burdens and shifts in trade policy espoused by the president could fuel further growth.

 

 

 

Michael Stack - AmaxxAuthor Michael Stack, Principal, Amaxx LLC. He is an expert in workers compensation cost containment systems and helps employers reduce their work comp costs by 20% to 50%.  He works as a consultant to large and mid-market clients, is co-author of Your Ultimate Guide To Mastering Workers Comp Costs, a comprehensive step-by-step manual of cost containment strategies based on hands-on field experience, and is founder & lead trainer of Amaxx Workers’ Comp Training Center. .

 

Contact: mstack@reduceyourworkerscomp.com.

Workers’ Comp Roundup Blog: http://blog.reduceyourworkerscomp.com/

 

©2017 Amaxx LLC. All rights reserved under International Copyright Law.

 

Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker, attorney, or qualified professional.

Porter Leslie Announced As The President of Ametros

WILMINGTON, Mass. – Ametros, the industry leader in post-settlement medical administration, announced the promotion of Porter Leslie to President of Ametros. The announcement was made by Marques Torbert, CEO of Ametros.

 

“Porter has a track record of executing strategic initiatives with remarkable success,” remarked Marques, “In his new role, he will help the company get closer to achieving its mission of revolutionizing the insurance and healthcare services industry by developing more cutting-edge products and innovative services to benefit our clients and members.”

 

Porter joined Ametros in 2015 and in his previous role as Chief Strategy Officer, had been instrumental in driving growth and change across various disciplines within the company, including IT, marketing, new product development, and strategic partnerships.

 

“We have built a phenomenal team with close to 50 employees, who provide nationwide support for anyone who needs help managing their healthcare after settlement,” commented Porter. “I feel privileged to be asked to lead some of the smartest and dedicated minds in the industry.  There is no limit to what we can accomplish together.”

 

 

About Ametros

 

Ametros is changing the way individuals navigate healthcare by providing them with the tools and support necessary to make savvy decisions on how to spend their medical funds. Ametros’ team works closely with patients, insurers, employers, attorneys, medical providers and Medicare to create a seamless experience for their clients. Their depth of expertise in the Medicare Set Aside, property and casualty insurance, healthcare, legal, financial and software industries positions them to offer the best solutions in the marketplace. Their flagship products, CareGuard and Amethyst, are revolutionizing the way funds from insurance claim settlements are administered after settlement, for Medicare Set Aside accounts and any other medical allocation. Ametros is backed by Clarion Capital Partners, LLC, a New York based private equity firm. For more information, visit www.ametroscards.com.

Broadspire® Names Dr. Marcos Iglesias Chief Medical Officer

ATLANTA, June 22, 2017 (GLOBE NEWSWIRE) — Broadspire®, a division of Crawford & Company®, and a leading global third-party administrator, today announced that Dr. Marcos Iglesias has been named the company’s new chief medical officer, effective June 26. Dr. Iglesias assumes the position from Dr. Jacob Lazarovic, who announced his retirement after 18 years with Broadspire.

 

“Providing appropriate clinical oversight for injured employees is a critical aspect of the services we provide, and so we are excited to have Dr. Iglesias join Broadspire to provide strategic leadership in this area; his extensive medical and business background, particularly in injury management, makes him an excellent fit for us,” said Neil Lentine, chief operating officer at Broadspire.

 

Dr. Iglesias brings with him extensive practice and administrative experience in a number of medical areas, including occupational medicine, workers compensation, utilization management and disability management. Prior to joining Broadspire, Dr. Iglesias practiced medicine for 16 years and then held a number of senior management positions with insurance companies; most recently he served as vice president and medical director at The Hartford Insurance Company. Prior to that he held the positions of medical director at Midwest Employers Casualty Company and Lincoln Financial Group.

 

“Broadspire is known in the industry for its successful medical management approach, which includes making certain that injured workers receive clinically appropriate and cost effective care,” said Dr. Iglesias. “I am excited to join a company that has always been at the forefront of managed care thought leadership, and I look forward to working with the entire clinical team, as well as Broadspire customers, as we work to provide the best care for those affected by injury.”

 

Among his professional achievements, Dr. Iglesias is Board Certified in Family Medicine (ABFM) and Utilization Review and Quality Assurance (ABQAURP). He is a Fellow of the American Academy of Family Physicians (AAFP), the American College of Occupational and Environmental Medicine (ACOEM) and the American Institute of Healthcare Quality (AIHQ). He is also certified in Health Care Quality and Management (CHCQM).

 

Dr. Iglesias received his medical degree in Medicine and Family Medicine from the University of Toronto and later received a master’s in Medical Management from the Marshall School of Business at the University of Southern California.

 

 

About Broadspire®

Broadspire®, a leading global third-party administrator, offers casualty claim, medical management, accident and health, and disability and leave management solutions, helping increase employee productivity and reducing the cost of risk through early intervention, professional expertise and data analytics. As a Crawford Company, Broadspire is based in Atlanta, Ga. Services are offered by Crawford & Company under the Broadspire brand in countries outside the U.S.

 

 

About Crawford®

Based in Atlanta, Crawford & Company (NYSE:CRD‐A) (NYSE:CRD‐B) is the world’s largest publicly listed independent provider of claims management solutions to insurance companies and self‐insured entities with an expansive global network serving clients in more than 70 countries. The Crawford Solution® offers comprehensive, integrated claims services, business process outsourcing and consulting services for major product lines including property and casualty claims management, workers’ compensation claims and medical management, and legal settlement administration. More information is available at www.crawfordandcompany.com.

 

For more information please contact: Nancy Hamlet/404.300.1918 Nancy_hamlet@us.crawco.com

 

 

Comprehensive Solution to Reduce Opioid Abuse & Other Top News Tidbits

A Comprehensive Solution to Reduce Opioid Abuse

In a recent pilot study of just more than 100,000 Express Scripts members new to opioid therapy, we observed a 38% reduction in hospitalizations and 40% reduction in emergency room (ER) visits in the intervention group versus control group during six months of follow up. Half of patients received an educational letter from the Express Scripts Neuroscience Therapeutic Resource Center (TRC) and half no intervention at all. A subset of patients receiving the TRC educational letter who had high-risk patterns of opioid use also received a counseling call from a Neuroscience TRC specialist pharmacist.

 

 

Best Practices from our Care Advocate Team

Ensuring the injured party is taken care of after settlement so that they can get the treatment and guidance they need is our number one priority.  Our Care Advocate team takes on this critical responsibility.

After settlement, the injured individual becomes our client (or “member”) and works directly with our Care Advocates.  We’d like to highlight a few of the services and practices we’ve implemented to go above and beyond for our members to help make the transition to their post-settlement care seamless.

 

 

Not So Secret Tips for Quick and Successful MSA Submissions

It’s no secret quick and successful Medicare Set-Aside submissions to the Centers for Medicare and Medicaid Services (CMS) are driven by medical records which meet CMS requirements for review and approval of the MSA. At Tower MSA Partners we strive to work with our customers to prepare and submit to CMS MSAs meeting these requirements. By doing so, we limit the time for CMS to review the MSA and avoid unexpected MSA counter-highers which may jeopardize settlement of a workers’ compensation case or at least delay resolution.

 

 

Ringler Associates President Geoff Hunt Talks about the Acquisition of Galaher Settlements

Geoff Hunt, president of Ringler Associates, discusses the company’s recent acquisition of Galaher Settlements and explains how the move will benefit everyone, including purchasers of structured settlements.

 

 

 

 

 

The Difference Between Active and Passive Injury Care

There are two possible approaches to injury care – active and passive treatment. While both can help get your employees on the road toward recovery, only active treatment limits long-term impact and keeps employees in the work environment as much as possible.

 

 

 

 

 

 

 

Author Michael Stack, Principal, Amaxx LLC. He is an expert in workers compensation cost containment systems and helps employers reduce their work comp costs by 20% to 50%.  He works as a consultant to large and mid-market clients, is co-author of Your Ultimate Guide To Mastering Workers Comp Costs, a comprehensive step-by-step manual of cost containment strategies based on hands-on field experience, and is founder & lead trainer of Amaxx Workers’ Comp Training Center. .

 

Contact: mstack@reduceyourworkerscomp.com.

Workers’ Comp Roundup Blog: http://blog.reduceyourworkerscomp.com/

 

©2017 Amaxx LLC. All rights reserved under International Copyright Law.

 

Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker, attorney, or qualified professional.

 

 

RIMS 2017 Conference and Other News Tidbits

RIMS Conference 2017: Disrupt the Status Quo & Join the Risk Revolution

“RIMS Annual Conference is a must do for any level of risk professional. By attending you can increase your knowledge and walk away with better deals on your insurance renewals. The conference is well worth every moment.” – RIMS 2016 Attendee

 

 

RIMS 2017 Live Streaming | Monday, April 24 (RIMS Members Only)

RIMS will be streaming RIMS 2017 live on Monday, April 24 at 8:30 am EDT – just for RIMS members. Watch the General Session and Awards Luncheon. Register now and watch for free.

 

 

Derreck Kayongo To Deliver RIMS 2017 Opening Keynote

Have you ever wondered what happens to that barely used bar of soap in your hotel room? This guy did, and he didn’t like the answer. So Derreck Kayongo talked hotels into donating their used bars of soap instead of throwing them away. His Global Soap Project takes donated, melted, purified and reprocessed hotel soap and redistributes it to vulnerable populations around the world. This successful entrepreneur is a renowned expert in environmental sustainability and global health and is using his knowledge to disrupt the way hotels dispose of their “trash.”

 

 

Broadspire Joins City of Murals w/ Jane Golden at RIMS 2017

Look for Jane Golden of @muralarts in Booth 701 on Monday 4/24.

 

 

Tips to Prevent Prescription Drug Abuse at Home

The National Prescription Drug Take Back Day aims to provide a safe, convenient, and responsible means of disposing of prescription drugs. Prescription drug abuse has reached epidemic proportions across the U.S. According to the National Survey on Drug Use and Health, more than 6 million Americans abuse prescription drugs, and much of the abuse begins at home. In fact, more than 70% of those who illegally use prescription pain relievers obtained them through friends or family, including surreptitiously raiding the home medicine cabinet.

 

 

 

Author Michael Stack, Principal, Amaxx LLC. He is an expert in workers compensation cost containment systems and helps employers reduce their work comp costs by 20% to 50%.  He works as a consultant to large and mid-market clients, is co-author of Your Ultimate Guide To Mastering Workers Comp Costs, a comprehensive step-by-step manual of cost containment strategies based on hands-on field experience, and is founder & lead trainer of Amaxx Workers’ Comp Training Center. .

 

Contact: mstack@reduceyourworkerscomp.com.

Workers’ Comp Roundup Blog: http://blog.reduceyourworkerscomp.com/

Live Stream WC Training: http://workerscompclub.com/livestreamtraining

 

©2017 Amaxx LLC. All rights reserved under International Copyright Law.

 

Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker, attorney, or qualified professional.

WCRI Recap: Donald Trump and Impact of 2016 Election

WCRI Recap – 3 Part Series

  1. WCRI Recap – Impact of Donald Trump and 2016 Election
  2. WCRI Recap: 3 Factors That Most Impact Worker Outcomes
  3. WCRI Recap: Single Biggest Factor To Turn-Around Opioid Crisis

 

It’s been two weeks and you still haven’t gotten it done, or maybe you have. I don’t really know, but it’s been two weeks since the WCRI Conference recently held in Boston. Just a real friendly reminder. If there were things that you were supposed to follow-up with, conversations you had, business cards you got were sent from someone, or a tasks you were supposed to do, and if you haven’t done it yet, just get that in your calendar today and get that taken care of.

 

I’m Michael Stack with Amaxx, and today I want to give you some highlights and recap from that recent conference from the notes that I took and the perspective that I had on it.

 

A real quick, just personal story. It’s been an exciting couple weeks for me since that conference. My family and I, I think that some people know that we moved up to Kennebunkport, Maine, just last year. We tried to buy a house, and there were all kinds of challenges. The inspection was a challenge. There were all sorts of other things going on, and it just didn’t work out. We had to move into a short-term rental, and we finally closed on our new house just last Friday. We’re super pumped. It was a great, exciting weekend. The kids are pumped. The families pumped, and the kids took the bus from the new house today. When I was trying to look for my suits this morning, and I couldn’t find them so no suit coat today.

 

 

 

Impact of 2016 Election: Senator Tom Coburn & Congressman Henry Waxman

 

 

Let’s talk about this conference. There’s four sessions that I want to cover here. First one was the impact of the 2016 election. There was really two main points that they talked about. The guests were former Senator Tom Coburn who is a republican persuasion and former U.S. House of Representative’s Henry Waxman which was a democratic persuasion, very strong and polarizing opinions. Two main topics that were talked about. I’m going to try to run through this as quickly as I possibly can and summarize it to hit the main points.

 

 

Donald Trump Relationship With Congress

 

I broke it down really into two main topics. It was Trump they talked about, and they talked about the ACA. I know a lot has happened in the last two weeks with the ACA and the Republicans presenting their new plan. I’m not a hugely political guy so I’m not going to talk about really what those recent events are. It’s out of my area of expertise, but I will cover what they talked about at that conference itself.

 

First top thing they talked about was Trump, and there was two things they talked about were really executive orders that he did. He implemented a lot of executive orders after coming into office and then his relationship of Congress. The question really with this executive order is in the biggest … the first point that they hit during that discussion was one of those orders. Whenever a new regulation is implemented, two regulations have to be abolished so one implemented, two abolished. They weren’t sure what that impact would have.

 

Second thing was really this relationship with Congress. I think it’s something everyone in Washington is watching and trying to figure out how this is going to work between the Executive Branch and the Congress. One thing that they did talk about and really there was this fear, and Congressman Waxman talked about this, was there was this fear that Trump was just going to defer to Congress and rather than driving the ship as maybe past presidents have. There was a fear to defer to Congress but then in the same conversation, they talked about really how power … they felt that power, and Senator Coburn was talking about this, how power has shifted too much to the Executive Branch and how these laws are written. There will be these big, thick laws and the Congress men and women are passing these laws. They don’t understand even what every stipulation has to impact, what the impact will be, or even what it is itself. There’ll be a lot of words that will say, well, whatever the Secretary deems appropriates. They felt like too much power was being given to the Executive Branch. That was basically the discussion. It talked about a lot of different political opinions. It was very interesting discussion, but those were the main points regarding Trump and the Congress relationship.

 

 

Affordable Care Act

 

Next, they moved into the ACA. They were talking about this again very political discussion, Senator Coburn with a republican persuasion and Congressman Waxman with a democratic persuasion. There was basically boil it down to two things to keep it as simple as possible. Senator Coburn said, “We need freedom. People need freedom. We need a free marketplace.” He referenced the Amish community a number of different times. He talked about how the Amish buy healthcare, and they buy it for cash. They go in, negotiate the best price with the best providers, and pay a significantly lower price by negotiating up front in a free market type system.

 

Congressman Waxman said, “The safety net is going to be slashed.” He quoted Trump and said, “It’s going to be a disaster.” You know how this ACA discussion goes, very heated, very interesting to hear their perspectives, and a lot has even happened in the last couple weeks since that presentation. That was very political, but didn’t have much impact on work comp during this discussion.

 

 

Federal Government & Workers’ Compensation

 

The meat of the work comp discussion was talking about this Department of Labor report. This report was issued back in October of 2015. There were eight congressmen and women that signed this and said, “We’re worried about work comp, and the amount of benefits that have been reduced, and how it’s taking from SSDI, and we need to have a renewed interest from the Federal Government in work comp.” Very big concern for us in our industry of what that’s going to impact so the question was asked was now that this new administration is in place, is this sentiment or is this fear still the same? It was an almost comical response.

 

They said, “We got a lot going on. Sure, work comp industry, great, we love you guys but you’re just not that important, and we have a lot of other things on our plate in Washington that we really don’t think we’re going to be getting or having any interest in the work comp industry”, so very short and almost comical response to this Department of Labor report and the Federal Government’s potential interest in the work comp industry.

 

Continued…

 

For additional information on workers’ compensation cost containment best practices, register as a guest for our next live stream training.

 

Author Michael Stack, Principal, COMPClub, Amaxx LLC. He is an expert in workers compensation cost containment systems and helps employers reduce their work comp costs by 20% to 50%.  He works as a consultant to large and mid-market clients, is co-author of Your Ultimate Guide To Mastering Workers Comp Costs, a comprehensive step-by-step manual of cost containment strategies based on hands-on field experience, and is founder of COMPClub, an exclusive member training program on workers compensation cost containment best practices.

 

Contact: mstack@reduceyourworkerscomp.com.

Workers’ Comp Roundup Blog: http://blog.reduceyourworkerscomp.com/

Live Stream WC Training: http://workerscompclub.com/livestreamtraining

 

©2017 Amaxx LLC. All rights reserved under International Copyright Law.

 

Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker, attorney, or qualified professional.

 

Watch Evidence: Hitting Yourself Does Not Equal A Workers Comp Claim

Florida’s Department of Financial Services’ Division of Investigative and Forensic Services (DIFS) recently announced the arrest of Sheyla Veronica White following her attempt to fraudulently collect workers compensation payments following an alleged on-the-job injury.

 

 

Claimed Sprinkle Head Fell From Ceiling and Struck Head

 

White claimed that a sprinkler head fell from the ceiling, bounced off her desk, and struck her in the head. Her employer, Cinque Terre Energy Partners, LLC promptly filed a compensation claim related to the alleged injury. Video surveillance footage later proved a different series of events surrounding the alleged injury.

 

Cinque Terre’s insurance company, AmTrust North America, grew suspicious of White’s claim and referred the incident to the Division of Investigative and Forensic Services for review and possible investigation. As part of their subsequent investigation, DIFS detectives requested video footage from Cinque Terre’s security cameras, which confirmed AmTrust’s suspicions that the claim was fraudulent.

 

The video clearly shows a piece of a sprinkler head falling onto White’s desk, but it does not bounce and strike her in the head as she alleged. Instead, the video shows White picking up the broken item, looking around to ensure she was alone in the room, and then striking herself in the head with the item. Watch video here.

 

 

Arrested and Transported to Jail

 

White was arrested and transported to the Broward County Jail. She faces two counts of workers comp fraud, and faces up to five years in prison if convicted.

 

White was previously arrested in 2010 for stealing students’ personal identification information while working as a teacher at Monarch High School in Coconut Creek.

 

Sheyla White was using the named Sheyla Diaz at that time, and she was sentenced to six months house arrest for that offense.

 

 

Author Kori Shafer-Stack, Editor, Amaxx Risk Solutions, Inc. is an expert in post-injury response procedures and part of the Amaxx team helping companies reduce their workers compensation costs by 20% to 50%. www.reduceyourworkerscomp.com.  Contact: kstack@reduceyourworkerscomp.com.

 

Workers’ Comp Roundup Blog: http://blog.reduceyourworkerscomp.com/

Live Stream WC Training: http://workerscompclub.com/livestreamtraining

 

©2017 Amaxx LLC. All rights reserved under International Copyright Law.

 

Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker, attorney, or qualified professional.

 

 

 

How Technology Is Changing Workers’ Compensation And Other News Tidbits

How Technology Is Changing Workers’ Compensation

New technologies are improving workers’ compensation programs in everything from communications and training to health care delivery and claims, according to experts. Tom Ryan, market research leader for Marsh’s Workers Compensation Center of Excellence, speaking during a recent Marsh broadcast, identified several areas of workers’ compensation that can benefit from technology.

 

 

 

Treating Syncope: Helping Your Heart

If heart trouble caused your fainting, treatment may improve blood flow, stop syncope, and help prevent further heart problems. Your healthcare provider can explain the benefits and risks of each treatment. Treating Syncope: Helping Your Heart

 

 

 

 

 

Keeping Copays Affordable

As an independent pharmacy benefit manager, we are uniquely and completely aligned with the best interests of our clients and members. Some pharmacy plans require their patients to pay a full copayment for a prescription drug even though a retail pharmacy’s price for the drug may be less costly than their copayment under their pharmacy benefit. And then they require the pharmacy to return the difference between the copay amount and the price for the drug back to them.

 

 

 

NAMSAP Announces Leadership Team and Goals for 2017

The board of directors of the National Alliance for Medicare Set-Aside Professionals has elected the following officers for 2017: “Promoting payer participation in NAMSAP is another high priority” President: Shawn Deane, JD, MEd, MSCC, CMSP – assistant vice president of Product Development of ISO Claims Partners, Vice President: Greg Gitter, CMSP – president of Legacy Claims Solutions, Inc. (a Gitter Company), Treasurer: Rita M. Wilson – CEO of Tower MSA Partners, Secretary: Christine Melancon, RN, CCM, MSCC, CNLCP, CMSP – vice president of Operations for EZ-MSA Services

 

 

Structured Settlements in the Media

When used as part of a comprehensive settlement plan, structured settlements can be invaluable to injury victims and their families and it’s important to find a way to tell our success stories. The guaranteed income replacement, college payments and benefits that cover medical needs help to provide the financial security and peace of mind that is so important to people that have suffered a loss.

 

 

WCRI Conference – See You There – March 2-3, 2017

Close to 400 people will be taking their seats next Thursday for our annual workers’ compensation conference, March 2-3, in Boston, MA.  Should we hold a seat for you?  For those still on the fence, below are three great reasons to attend. #1) Content  #2) Networking: #3) Continuing Education Credit.

 

 

 

 

For additional information on workers’ compensation cost containment best practices, register as a guest for our next live stream training.

 

Author Michael Stack, Principal, COMPClub, Amaxx LLC. He is an expert in workers compensation cost containment systems and helps employers reduce their work comp costs by 20% to 50%.  He works as a consultant to large and mid-market clients, is co-author of Your Ultimate Guide To Mastering Workers Comp Costs, a comprehensive step-by-step manual of cost containment strategies based on hands-on field experience, and is founder of COMPClub, an exclusive member training program on workers compensation cost containment best practices.

 

Contact: mstack@reduceyourworkerscomp.com.

Workers’ Comp Roundup Blog: http://blog.reduceyourworkerscomp.com/

Live Stream WC Training: http://workerscompclub.com/livestreamtraining

 

©2017 Amaxx LLC. All rights reserved under International Copyright Law.

 

Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker, attorney, or qualified professional.

Acclaimed Investment Banker Elected to the Ringler Board And Other News Tidbits

Acclaimed Investment Banker Elected to the Ringler Board of Directors

Ringler, the nation’s largest settlement planning company in the nation, is pleased to announce that Peter C. Jachym, a veteran investment banker, strategic advisor and private equity investor in the insurance and asset management sectors, is now a member of the Board of Directors.

 

Read more…

 

 

Express Scripts CEO: Many drug list prices are still too high

CNBC’s Meg Tirrell speaks with Express Scripts President & CEO Tim Wentworth on pharmacy benefit managers and drug pricing pressure. [Run time 3:28]

 

Watch CNBC Interview

 

 

 

 

Crawford hires COO from Hanover Insurance

Atlanta-based Crawford & Company, a provider of claims management solutions, has appointed Andrew Robinson as its global chief operating officer. In his new role, Robinson will have the responsibility of Crawford’s four business units, including Broadspire, US Services, International Operations, and Garden City Group, alongside information technology on a global basis.

 

Read more…

 

 

The Difference Between Workers’ Compensation and Occupational Medicine

The mention of workers’ compensation or occupational medicine conjures up images of debilitating injuries and payroll assistance. However, a majority of people believe that these two terms are interchangeable. In fact, there is a difference between workers’ compensation and occupational medicine. While workers’ compensation will help pay your bills, occupational medicine will get an injured employee back to work sooner.

 

Read more…

 

 

Are We Fulfilling Our Obligations to Injured Workers?

The workers’ compensation system here in the US has existed for more than a century. So how are we doing, after all that time? The US Department of Labor recently posed the question, “Does the Workers’ Compensation System Fulfill Its Obligations to Injured Workers?” They published their findings in an exhaustive report.  It is not flattering. In fact, the report offers what the DOL calls an “alarming” conclusion: “working people are at great risk of falling into poverty as a result of workplace injuries and the failure of state workers’ compensation systems to provide them with adequate benefits.”

 

Read more…

 

 

For additional information on workers’ compensation cost containment best practices, register as a guest for our next live stream training.

 

Author Michael Stack, Principal, COMPClub, Amaxx LLC. He is an expert in workers compensation cost containment systems and helps employers reduce their work comp costs by 20% to 50%.  He works as a consultant to large and mid-market clients, is co-author of Your Ultimate Guide To Mastering Workers Comp Costs, a comprehensive step-by-step manual of cost containment strategies based on hands-on field experience, and is founder of COMPClub, an exclusive member training program on workers compensation cost containment best practices.

 

Contact: mstack@reduceyourworkerscomp.com.

Workers’ Comp Roundup Blog: http://blog.reduceyourworkerscomp.com/

 

 

©2017 Amaxx LLC. All rights reserved under International Copyright Law.

 

Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker, attorney, or qualified professional.

Professional Development Resource

Learn How to Reduce Workers Comp Costs 20% to 50%"Workers Compensation Management Program: Reduce Costs 20% to 50%"
Lower your workers compensation expense by using the
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