The Best Tidbits of News From the Work Comp Community

 

 
We want to tell our readers a little about you, maybe something that wouldn’t make it you’re your corporate bio.  Where are you from?  Where did you go to school?  What was your first job in the industry?  How did you get into the workers comp TPA business?  I got in the TPA business when I interviewed for a supervisory position for a medical auditing firm…  Read more
 
 
 
In 2012, Network Synergy Group launched an aggressive campaign to build out its provider network to all 50 states. In addition to expanding the network, NSG has also broadened its product suite to include both a Condition Rate Program and a Visit Rate Program. These enhanced products support customers’ needs by enhancing workplace productivity while adhering to medical guidelines. Read more…
 
 
 
Build your personal daily agenda , Receive real-time reminders and updates, Find sessions, events, speakers and exhibitors, and more.  Check out the full list of features to help you navigate the country’s premier Workers Comp event here
 
 
 
 
The Work Comp Analysis group is the largest online discussion group dedicated exclusively to WORKER'S COMPENSATION issues.  It is a "spam free" discussion page used for asking questions and discussing industry issues. It was created on November 28, 2008 by Mark Walls from Safety National.  Congratulation Mark on hitting this milestone!  Join Group
 
 
 
The most difficult cost savings measurement is calculating the savings gained from what did not happen. Call it cost-avoidance measurement. Some say it cannot be done because if it has not happened, it certainly cannot be measured. Read more…
 
 

Author Michael B. Stack, CPA, Director of Operations, Amaxx Risk Solutions, Inc. is an expert in employer communication systems and part of the Amaxx team helping companies reduce their workers compensation costs by 20% to 50%. He is a writer, speaker, and website publisher.  www.reduceyourworkerscomp.com Contact mstack@reduceyourworkerscomp.com

 

 


WORKERS COMP MANAGEMENT MANUAL:  www.WCManual.com

VIEW SAMPLES PAGES

MODIFIED DUTY CALCULATOR:  www.LowerWC.com/transitional-duty-cost-calculator.php

 

Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker or agent about workers comp issues.

 

©2012 Amaxx Risk Solutions, Inc. All rights reserved under International Copyright Law. If you would like permission to reprint this material, contact us at: Info@ReduceYourWorkersComp.com.

The Best Tidbits of News From the Workers Comp Community

 

 
Deborah Pfeifle, CEO of Gould & Lamb, was a guest speaker at the recent American Society of Workers Comp Professionals (AMCOMP) conference. The event took place on September 10th in London, England at the Lloyd's Library.
 
Ms. Pfeifle's presentation, The Impact Medicare Has on ReinsuranceRead More…
 
 
 
Build your personal daily agenda , Receive real-time reminders and updates, Find sessions, events, speakers and exhibitors, and more.  Check out the full list of features to help you navigate the country’s premier Workers Comp event here
 
 
 
Broadspire’s innovative cost containment program provides an opportunity to obtain additional savings above and beyond the fee schedule and usual and customary reductions. When a provider is nonparticipating under a Preferred Provider Organization (PPO) network, our Medical Bill Review (MBR) engages one of our three out-of-network partners that specialize in medical bill negotiations.  Read More…
 
 
 
Now you can quick-search the best medical providers for Workers’ Comp by specialty and geo-zip directly from the Internet anytime! Master Provider Index analyzes provider performance based on data from multiple payers.  Read More…
 
 
 
Brad E. Bleakney, Esq. of Bleakney & Troiani, Chicago, Illinois, was selected for inclusion in Best Lawyers in America for Workers’ Compensation in Illinois for 2013. Mr. Bleakney practices in the area of work related injury claims, Illinois Workers’ Compensation and related third party litigation for accidental work injuries.  Read more…
 
 
 
 
As the commercial insurance market has tightened for a number of key coverages, including global property and some primary and excess casualty lines, buyers have responded by adopting measures to stabilize their premiums. A current survey of risk managers and other corporate insurance buyers by Hanover Stone Partners finds firms have adjusted retentions, accepted restrictive policy wording, or changed insurers to hold their premiums steady.   Read More…
 
 
 

Author Michael B. Stack, CPA, Director of Operations, Amaxx Risk Solutions, Inc. is an expert in employer communication systems and part of the Amaxx team helping companies reduce their workers compensation costs by 20% to 50%. He is a writer, speaker, and website publisher.  www.reduceyourworkerscomp.com Contact mstack@reduceyourworkerscomp.com

 

 


WORKERS COMP MANAGEMENT MANUAL:  www.WCManual.com

VIEW SAMPLES PAGES

MODIFIED DUTY CALCULATOR:  www.LowerWC.com/transitional-duty-cost-calculator.php

 

Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker or agent about workers comp issues.

 

©2012 Amaxx Risk Solutions, Inc. All rights reserved under International Copyright Law. If you would like permission to reprint this material, contact us at: Info@ReduceYourWorkersComp.com.

Get the Most from the 2012 National Workers’ Compensation and Disability Conference

 

This 2012 National Workers’ Compensation and Disability Conference® and Expo Nov. 7 – 9 in Las Vegas promises to again be monumental for our industry.

 

The 21st annual conference promises to further develop analysis about the opioid crisis and will again offer regional breakout sessions. And, the expo portion will host more than 260 exhibitors.

 

 

Among the highlights will be:

 

  • pre-conference symposium on Workers’ Compensation Essentials for Executives and Risk Professionals.

 

  • The opening session, titled, “Intriguing Insights: Leaders Debate Solutions to Industry’s Top Challenges” will be moderated by Mark Walls, vice president of Claims, Safety National and include remarks from Dr. Jennifer Christian, founder of the Maze-Masters Program and president of Webility Corp.; Jill Dulich, senior director, Marriott Claims Services; Maureen Gallagher, managing director of Neace Lukens; John Leonard, president and CEO, Maine Employers’ Mutual Insurance Company; Dave North, CEO, Sedgwick CMS; William Zachry, vice president of risk management, Safeway Inc. The speakers will share what they think are the best solutions to two of the biggest challenges in the workers’ compensation/disability systems, to be determined pre-conference by a poll of the 15,000-member WorkCompAnalysis Group on LinkedIn.

 

 

  • An awards luncheon featuring the winners of Risk & Insurance® magazine’s 2012 Theodore Roosevelt Workers’ Compensation and Disability Management Awards and entertainment by magic/science entertainer Craig Karges.

 

 

  • A conference breakdown into five regions including California and dealing with “Regional Conflicts: Drilling Down to Unique Issues.” These sessions acknowledge that “The industry’s greatest challenges vary widely depending on the region of the country. While California struggles with liens, the Northeast deals with the shift from a manufacturing to a technology-based workforce – creating return-to-work nightmares. Many Midwestern states are focused on reforms to attract business; Western states are questioning the dominance of quasi-state insurers; and the Southeast battles opioid trafficking.” The sessions will be led by representatives for the employer, carriers and third-party administrators.

 

  • You can track your conference experience by choosing one of the following four tracks: Better Claims Management, Health/Medical Management, Solving Legal/Regulatory Issues, or Opioid Solutions. Some examples of sessions include: “Return-to-Work: Has Yesterday’s Asset Become Today’s Liability?”; “Building a Better Medical Network”; and “Employee or Independent Contractor? The Impact of Misclassification.”

 

 

Why Attend this Conference

 

The workers’ compensation industry is always evolving – new players, new laws and new equipment. Everyone new to this industry should attend either the RIMS or the NWCD conference and learn new techniques, meet new vendors, and discover the latest service enhancements.

 

 

A conference of this scale can help you expand your professional network while increasing your knowledge and gaining new solutions directly related to:

 

  • Workers’ compensation
  • Disability management
  • Return-to-work programs
  • The opioid crisis
  • Regional differences sessions

 

 

The 2012 National Workers’ Compensation and Disability Conference® and Expo Nov. 7-9 in Las Vegas is the nation’s leading event for anyone involved in the workers’ comp and disability management industries. Thanks to a partnership with LexisNexis, the 2012 event features an enhanced legal track for attorneys and non-attorneys alike. A full list of Program tracks for this year include: Better Claims Management, Health/Medical Management, Solving Legal/Regulatory Issues, or Opioid Solutions.

 

 

 

13 Tips to Get the Most Out of the National Conference:

 

  1. Attend the Opening Session. Don’t miss this because top industry executives will debate solutions to the nation’s greatest Workers’ Comp challenges.

 

  1. Focus on specific goals. For example, sessions about your region or attracting business if those are issue specific to your role. Use the 2012 Mobile App to plan which sessions you want to attend.

 

  1. Read the brochures when you return home to learn about service providers.

 

  1. Pass out your business card andnetwork, network, network. Meeting knowledgeable people gives you a resource when you encounter a problem.   The conference offers ample opportunities for networking including a networking Reception and Closing Social as well as numerous meals and refreshment breaks.

 

  1. Learn what you don’t know. Being exposed tonew ideas presents an opportunity to learn things you don’t even know you are missing!

 

  1. Chat with people who do the same things that you do and see where you differ. At this conference, everybody’s badge includes their title and organization. It’s easy to identify other attendee’s who havesimilar roles in different organizations.

 

  1. Ask aboutkey cost drivers. Attendees come from organizations of varying industries. Find people who work in workers’ compensation departments you know next to nothing about and ask them whether they are satisfied with their workers’ comp vendors. Ask them what drives their costs.

 

  1. Roam through the exhibit hall speaking to vendors and learning about the types of services that are available to reduce workers’ comp costs. NWCDC is the nation’s largest Expo of this kind. THIS will be the best education you will ever get!

 

  1. Wear comfortable attire. Bring comfortable shoes. The first day, people are a bit more dressed up than the following days. The last day is more casual because people are traveling back home. Definitely dress professionally because some of the people you meet with become lifelong contacts, so making a good impression is important, but you can be comfortable, too. For an ounce of prevention, bring moleskin to protect the areas of your feet most likely to get blisters.

 

  1. Attend both the exhibit hall and the educational sessions.

 

  1. Start early, leave late, and remember … although your feet may hurt, this is a once-a-year event!

 

  1. Before the exhibit hall opens,join the group breakfast to network with new friends. You will find people are very friendly and helpful.

 

  1. Keep your Show Guide for future reference. You may want to have this handy on your desk for the time you want to try a new service or ask a question about a new service. Or, if you are putting out a request for proposals, this will be your ultimate list of those companies to bid on your project.

 

See you there!

 

 

Author Rebecca Shafer, JD, President of Amaxx Risk Solutions, Inc. is a national expert in the field of workers compensation. She is a writer, speaker, and publisher. Her expertise is working with employers to reduce workers compensation costs, and her clients include airlines, healthcare, printing/publishing, pharmaceuticals, retail, hospitality, and manufacturing. She is the author of the #1 selling book on cost containment, Workers Compensation Management Program: Reduce Costs 20% to 50%Contact: RShafer@ReduceYourWorkersComp.com.

 

Editor Michael B. Stack, CPA, Director of Operations, Amaxx Risk Solutions, Inc. is an expert in employer communication systems and part of the Amaxx team helping companies reduce their workers compensation costs by 20% to 50%. He is a writer, speaker, and website publisher.  www.reduceyourworkerscomp.com Contact mstack@reduceyourworkerscomp.com

 


WORKERS COMP MANAGEMENT MANUAL:  www.WCManual.com

VIEW SAMPLES PAGES

MODIFIED DUTY CALCULATOR:  www.LowerWC.com/transitional-duty-cost-calculator.php

 

Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker or agent about workers comp issues.

 

©2012 Amaxx Risk Solutions, Inc. All rights reserved under International Copyright Law. If you would like permission to reprint this material, contact us at: Info@ReduceYourWorkersComp.com.

 

The Best Tidbits of News From the Workers Comp Community

 
Worker's Compensation Expert Rebecca Shafer will be presenting at the 21st Annual National Workers' Compensation and Disability Conference® in Las Vegas, November 7 – 9.
 
Rebecca would like to invite you to join her there and be a part of the nation's leading training event for workers' comp and disability management professionals. And, more importantly, to benefit from all the great strategies and best practices you’ll learn that will help you solve the biggest challenges facing our industry.
 
The organizers have given Rebecca a special discount to offer you– $320.00 off the on-site rate – even larger than the discount advertised in the brochure. You can attend all the sessions and networking events over the two-and-a-half days for only $975.
 
To attend at this special $320.00 discount, register by Oct. 22 using Promo Code SPKR12 (all caps).  Register at www.WCConference.com
 
 
 
News From Lexis Nexis:
 
 
 
The new mobile workforce raises many unique challenges in the world of workers' compensation. With respect to telecommuters, Larson's states: "When reliance is placed upon the status of the home as a place of employment generally, instead of or in addition to the existence of a specific work assignment at the end of the particular homeward trip, three principal indicia may be looked for: the quantity and regularity of work performed at home; the continuing presence of work equipment at home; and special circumstances of the particular employment that make it necessary and not merely personally convenient to work at home." Read more.
 
At the 21st Annual National Workers' Compensation and Disability Conference®, Nov. 7-9, Stuart D. Colburn will speak and moderate onThe New Mobile Workforce. Joining him are Roger A. Levy, Esq. and Alan S. Pierce, Esq. 
 
 
 
It is axiomatic that reliance on lay testimony and administrative expertise is not justified when the medical question is no longer an uncomplicated one and "carries the factfinders into realms that are properly within the province of medical experts". On the other hand, just because a party has a purported export willing to testify as to the medical question at stake, that does not mean the expert is free to express his or her opinion; the opinion must be based generally upon generally accepted scientific and medical standards. Illustrating this important point, a Maryland appellate court recently…read more about this case and other cases on wrongful death, retaliatory discharge, and unexplained fall.”
 
 
 
 
 
The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) has made changes to the TXCOMP Health Care Provider system at http://txcomp.tdi.state.tx.us/twccprovidersolution/home.html that effect health care providers.
 
·         Health care providers’ access to submit applications to be certified as a designated doctor, or apply for recertification has been discontinued.
·         Access to update License/Certifications and Specialties for health care providers who are certified as a designated doctor or have applied to be certified as a designated doctor is restricted to TDI-DWC staff only.  Read More…
 
 

Author Michael B. Stack, CPA, Director of Operations, Amaxx Risk Solutions, Inc. is an expert in employer communication systems and part of the Amaxx team helping companies reduce their workers compensation costs by 20% to 50%. He is a writer, speaker, and website publisher.  www.reduceyourworkerscomp.com Contact mstack@reduceyourworkerscomp.com

 

 


WORKERS COMP MANAGEMENT MANUAL:  www.WCManual.com

VIEW SAMPLES PAGES

MODIFIED DUTY CALCULATOR:  www.LowerWC.com/transitional-duty-cost-calculator.php

 

Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker or agent about workers comp issues.

 

©2012 Amaxx Risk Solutions, Inc. All rights reserved under International Copyright Law. If you would like permission to reprint this material, contact us at: Info@ReduceYourWorkersComp.com.

The Best Tidbits of News from the Workers Comp Community

 

Chopped Chef
by Ted Tafaro and Frank Zuccarello, published in Risk Management Magazine
 
“If you are a Baby Boomer, you probably remember the cooking show The French Chef. Filmed live and uncut, you could hear the pots and pans bang, oven doors squeak, and chef Julia Child’s singsong patter about life in the kitchen. It wasn’t terribly exciting, but Child became a pop-culture icon and was in many ways the first true celebrity chef.
 
But somewhere along the way that tiny kitchen on Julia Child’s low-budget set became “Kitchen Stadium” on Food Network’s popular Iron Chef  series. It became a place where chefs enter a culinary arena like gourmet gladiators, accompanied by blaring music, blinding lights that could illuminate an airport runway and the almost surreal sight of a man hoisting a $100,000 camera on his back while zooming in on the perfect close-up of a stick of butter melting in a frying pan.”  Read More:
 
 
Henry Seager’s 1910 Book on Social Insurance
In 1910, Columbia University Professor of Political Economy, Henry Rogers Seager, published one of the first American books on social insurance. This work, "Social Insurance: A Program of Social Reform" is both a classic and an early exposition of the philosophical movement for social insurance in America. The philosophy expressed by Seager would be the same general viewpoint favored by many of the founders of Social Security in America. Seager's books expresses the thinking of Americans toward this new idea of social insurance which had in origins in Europe at the end of the 19th century. Read More…
 
 
 
News From Lexis Nexis
 
Love It or Hate It: Medicare Secondary Payer Enforcement Is Here to Stay, by Jennifer C. Jordan, Esq. Progress is the theme of this year's update to The Complete Guide to Medicare Secondary Payer Compliance, 2012 Edition (available in October). Nothing has improved so much that people don't still cringe at the mention of MSAs, but after 10 years of frustration over CMS acting like a dictatorial monarchy, things have started to give a little. Beginning with CMS voluntarily and preemptively making some efficient and cost effective changes in the handling of low dollar liability settlements, we are now on the brink of getting official federal regulations to govern the handling of future medical allocations. This is where we finally find out if the United States Constitution really works.” Read more.
 
Worker Awarded Additional Benefits When Retirement Not Voluntary, by Thomas A. Robinson. When a claimant is unable to obtain employment because of his or her physical condition, medical evidence that the claimant could perform such work if it were available generally will not defeat the status of total disability. Sometimes, however, there is an issue as to whether the claimant has withdrawn from the labor force altogether, as by devoting full time to obtaining an education, or by electing to retire. If the decision to retire is connected to the industrial injury, however, the claim will usually not be defeated. For example, an Ohio appellate court recently held that …Read more about this case and other cases involving tort action against carrier, toxic tort & exclusive remedy, and snake bite.”
 
Barry Bloom to Speak at National Workers’ Comp Conference. LexisNexis has partnered with the National Workers' Compensation Conference to create an enhanced legal track  for attorneys and other workers' comp  professionals Nov. 7-9, 2012. View the program agenda. There are 15 members of the Larson's National Workers' Compensation Advisory Board speaking at this event. You don't want to miss this conference! Take advantage of the special discount for all LexisNexis Workers' Compensation Law Community members. Community membership is free at our site. We are pleased to announce that LexisNexis author Barry Bloom will be speaking on A Blueprint for Successful High-Exposure Claims Closures, part of the claims management track at the conference.”
 
 

Author Michael B. Stack, CPA, Director of Operations, Amaxx Risk Solutions, Inc. is an expert in employer communication systems and part of the Amaxx team helping companies reduce their workers compensation costs by 20% to 50%. He is a writer, speaker, and website publisher.  www.reduceyourworkerscomp.com Contact mstack@reduceyourworkerscomp.com

 

 


WORKERS COMP MANAGEMENT MANUAL:  www.WCManual.com

VIEW SAMPLES PAGES

MODIFIED DUTY CALCULATOR:  www.LowerWC.com/transitional-duty-cost-calculator.php

 

Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker or agent about workers comp issues.

 

©2012 Amaxx Risk Solutions, Inc. All rights reserved under International Copyright Law. If you would like permission to reprint this material, contact us at: Info@ReduceYourWorkersComp.com.

Eleven Ways to Learn about Workers Compensation at a National Workers Compensation Conference

 
Work Comp Roundup attends the National Workers Compensation and Disability Conference® & Expo (NWCDC) at least every other year.
 
 
As seasoned conference goers, we offer some hints and tips on how to make the most out of our experience.
 

 You might
wonder why those already established in the industry attend still attend conferences…

The reason is
that the workers compensation industry is always evolving – new players, new laws, and new equipment.  We recommend everyone who is new to our field attend industry conferences often. This time of year, it's the National
Workers Compensation and Disability Conference® in Las Vegas in November to learn what is new.

At Roundup, we always learn new techniques, meet new vendors, and discover the latest service enhancements. In fact, when I began, I learned this field from the ground up — NWCDC was a part of that education! 20 years ago, in Chicago — my, how time flies.

 
A conference of this scale can help you expand your knowledge and gain new solutions directly related to:
1.Workers compensation,
2.Disability management,
3.Return-to-work programs,
4.Better Claims Management,
5. Health/Medical Management,
6. Solving Legal/Regulatory Issues, and
7. Strategic Views
 
The National Workers Compensation and Disability Conference® & Expo Nov. 9-11 in Las Vegas is the nation's leading event for dedicated to the workers' comp and disability management industries. Hundreds of our colleagues gather each year to expand their knowledge and gain new solutions directly related to their workers' comp, disability, and return-to-work programs.
 
Celebrating its 20th anniversary, the conference offers more than 30 breakout sessions organized by type and level. Plus, there will be an in-depth pre-conference symposium, “Awesome New Technologies: What You Need to Know to Drive Improvement.” The Expo portion of the conference hosts more than 260 exhibitors providing an additional venue to gather knowledge to take home plus numerous opportunities to network and glean insights from top experts on how to solve your problems in claims management, strategic program planning, health/medical management, plus legal and regulatory issues.
 
As a seasoned conference goer and industry leader, here are ideas about how to get the most out of this large national conference:
 
Eleven Ways to Get the Most Out of the National Conference:
 
1. Attend the Opening Session. This is a large session for all attendees where awards are given to the best companies in the industry. Don't miss this because the award recipients will describe their programs, what works, what doesn't, how they overcame challenges specific to their industry and company, and likely the same obstacles YOU are also encountering. You will hear many ways to reduce costs, and you will take many notes.
 
2.  Focus on your specific goals, for example, attend sessions about return to work programs or allocation systems, if you need to learn more about how to implement these cost containment techniques. I use my Program Planner like a lesson plan, circling the first and second choices.
 
3. Read the brochures you collect when you return home; use them as your own private educational program to LEARN what is available. How could you possibly request an off-site vendor be added to your list of service providers if you do not that such as service exists? You can't!  How could you ask for nurse triage if you do not know the service exists? You can't.
 
4. Pass your business card out and do not be afraid to network – that is part of this business. Meeting knowledgeable people gives you a resource when you encounter a problem. Sitting at the round tables encourages discussion. Don't be afraid to tell people at your table you are new. They may be too, and if they are experienced, they'll be happy to help you. We've all been new at some point in our career.  
 
5. Learn what you don’t know you don’t know. We often find employers who have misidentified the cause of their high work comp costs. They think it is nurse case management or bill review that is driving costs, when it is really poor management and operational practices. Being exposed to new ideas presents an opportunity to learn things you don’t even know you are missing!
 
6. Chat with people who do the same things that you do and see where you differ. One thing I like about the conference is that some of the most popular sessions are repeated at different times, and if I begin a session that does not interest me, or isn't applicable (which doesn't happen often), it is not a problem to quietly sit in another session down the hall. CAVEAT: Be courteous if you think you might do this as it's not fair to distract the speakers or other participants by being noisy or disruptive, so take care to come and go quietly, and sit in the back of the room near the door. Many sessions are very close in proximity to each other — in the same large hallway – which makes entering another session easy.
 
7. Learn Key Cost Drivers. Find people who work in workers compensation departments you know next to nothing about and ask them whether they are satisfied with their workers comp vendors. Ask them what drives their costs. We speak daily with companies unhappy with their TPA or insurance carrier, but are only guessing about what is driving their costs. If you are even thinking of changing carriers or TPAs, I suggest you attend the sessions at the conference to make sure you are on the right track.
 
8. Roam through the exhibit hall speaking to vendors and learning about the types of services that are available to reduce workers comp costs. THIS will be the best education you will ever get!
 
9. Wear comfortable attire. Bring comfortable shoes. I call my black flats my "conference shoes." You will be on your feet a lot, so be comfortable. The first day, people are a bit more dressed up than the following days. The last day is more casual because people are traveling back home. You will definitely want to dress professionally because some of the people you meet with become lifelong contacts, so making a good impression is important, but you can be comfortable, too. For an ounce of prevention, bring moleskin to protect the areas of your feet most likely to get blisters.
 
TIP: Visit the Exhibit Hall and the Educational Sessions. Attend both. Try to visit every single vendor in the exhibit hall. Start on the right, and move systematically through the rows.
 
TIP: Start early, leave late, and remember … although your feet may hurt, this is only once a year!
 
TIP: Before the Exhibit Hall opens, have breakfast in the Continental Breakfast Hall to network with new friends. You will find people are very friendly and helpful. I love the 8-round tables which make it so easy to introduce yourself to those at your table. 
 
HINT: Bring band-aids – you will do a lot of walking, and you may get a blister or two, so come prepared.
 
10. It is affordable. If the CEO or business owner does not want to spend the money for you to attend the conference, show them the TRUE cost of your workers’ compensation losses with the Sales To Pay For Accidents Calculator to gain management commitment here: http://www.reduceyourworkerscomp.com/calculator.php.
 
For example, if you have just one $40,000 loss, it will take your company $666,666.00 in new sales to replace the $40,000 lost on that single claim. Learning how to reduce your costs is a wise business investment. It also makes you more valuable in the marketplace.
 
Yes, it is in Las Vegas, and if your CEO bemoans the fact that the conference is in a city more known for partying than workers’ compensation, let him or her know that Las Vegas is one of the most affordable travel destinations, which is undoubtedly one of the reasons the conference organizer chose that destination this year.
 
11. Keep your conference guide for future reference. You may want to have this handy on your desk for the time you want to try a new service or ask a question about a new service. Or, if you are putting out a Request For Proposal, this will be your ultimate list of those companies to bid on your project.
 
See you there!
 
 
Rebecca Shafer, JD, President of Amaxx Risks Solutions, Inc. is a national expert in the field of workers compensation, and has attended the National Workers Compensation and Disability Conference® many times. She is a writer, speaker, and website publisher. Her expertise is working with employers to reduce workers compensation costs, and her clients include airlines, healthcare, printing, publishing, pharmaceuticals, retail, hospitality, and manufacturing. See www.LowerWC.com for more information. Contact: RShafer@ReduceYourWorkersComp.com.
 
 

Our WC Book:  http://www.wcmanual.com
WORK COMP CALCULATOR: http://www
.LowerWC.com/calculator.php

 
Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker or agent about workers comp issues.
 
©2011 Amaxx Risk Solutions, Inc. All rights reserved under International Copyright Law. If you would like permission to reprint this material, contact Info@ReduceYourWorkersComp.com.

What’s the Workers Compensation World All About

I go to the National Workers' Compensation and Disability Conference & Expo (NWCD Conference) either in Chicago or Las Vegas at least every other year. I went last year and I'll be going this year. This year it's in Las Vegas, November 10 to 12, 2010  at the Las Vegas Convention Center. You might wonder why someone who is an expert in workers compensation cost containment still attends conferences and seminars, and that's a good question. MSRIRIMs      . …           gommgoes to the conference and attururutt wonder why someone who is a workert 
One of my favorite saying is "You don't know what they don't know!"  One of the things I recommend to everyone who is new to the workers compensation field or manages workers compensation for a company is to attend either RIMS and NWCD Conference often to learn what is available in the field. I still attend to learn new techniques, to meet new vendors, and to find out their latest service enhancements.

When I went to law school they didn't teach us about risk management, nor did they teach us how to manage a workers compensation program, so I learned from the ground up, by attending RIMS in the spring and NWCD Conference in the fall. That's how I learned the field. Last year, for example, I attended RIMS in Boston and NWCD Conference in Chicago. In Chicago, I focused on sessions about the Federal Workers Compensation system and FECA to learn more about the similarities and differences. When I was new to workers comp, I came home with my bags loaded with brochures about new services. How could I possibly request an off-site vendor be added to my list of service providers if I didn't know there was such a service? How could I have asked for nurse triage if I didn't know the service existed? How could I ….. you get the point. You don't know what you don't know. Sure, I pass my business card out and network a lot at the conference, too, but that's part of the business. You meet knowledgeable poople and when you encounter a problem, those people are there to support you and give you suggestions on how to overcome the "obstacle-du-jour."

I speak daily with companies unhappy with their TPA or insurance carrier, but don't know the basics of cost containment. If you are even thinking of changing carriers or TPAs, I suggest you attend the sessions at the conference to make sure you are on the righ track. One thing I see VERY often is employers have misidentified their cause of their high work comp costs. They think it's the nurse case management or bill review that's driving the cost, when it is really poor management and operational practices.

I roamed through the exhibit hall speaking to vendors and learning about the types of services that were available to reduce my workers comp costs. Workers Comp Managers get so busy setting up their programs they don't have time to learn all the techniques available to them. If your upper management is trying to cut costs yet not encouraging or allowing conferences, use the calculator at the bottom of this article to show them that the reduction in the cost of ONE claim will cover the cost, and a reduction of 20 – 50% of your loss costs will make the shareholders very pleased. YOU can achieve those results by learning all you can about the process.
The National Workers' Compensation and Disability Conference & Expo is the the nation's leading conference for claims professionals to learn everything from the basics to more advanced strategies about workers compensation cost containment. RIMS is great, too, of course. The difference is RIMS covers all lines of insurance, whereas NWCD Conference covers only workers comp and disability. It's a good way to jump in the water!
In fact, I am so adamant that a new workers comp manager should attend to learn the ropes, that I have offered to speak with several colleagues bosses to tell them how important it is. In the 2009 RIMS Benchmark Survey, risk managers who responded to the survey overwhelmingly said that conferences were the #1 way they learned about workers compensation cost containment.
Here's what you'll get out of this conference:  
1.     Expand your knowledge and gain new solutions directly related to:
a.      workers compensation
b.      disability management
c.     return-to-work programs
2.     Attendees, from CEOs and attorneys to risk managers and disability claims analysts, will find answers to many of their specific challenges throughout the conference's five program tracks:
Better Claims, Management/RTW Strategies, Data Analysis, Solving Legal/Regulatory Issues, Medical/Behavioral Solutions, and Strategic View
 
3.     There are 33 breakout sessions organized by type and level to accommodate a range of learning styles and experience. You'll literally be able to spend the entire time going from session to session, and getting great presentation materials to take notes on.
Session Highlights include:
 "Needle-Moving States: Developments That Drive the Nation,"
 
"Medicare Set-asides/SCHIP Summit Meeting" from the Solving Legal/Regulatory Issues
 
"60 Cost Containment Tips in 60 Minutes" from the Better Claims Management
Visit  http://www.on2url.com/app/adtrack.asp?MerchantID=51121&AdID=506993  for more details or to register. If you see me sitting in one of the session or roaming the exhibit hall, please stop and say "hello," I'd love to meet you!
Author: Rebecca Shafer, President Amaxx Risk Solutions, Inc. RShafer@ReduceYourWorkersComp.com 
 
WC Roundtable LinkedIn: 
http://www.linkedin.com/groups?homeNewMember=&gid=1922050/
Work Comp Calculator:  http://www.LowerWC.com/calculator.php
 
Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker or agent about workers' comp issues.
  
©2010 Amaxx Risk Solutions, Inc. All rights reserved under International Copyright Law. If you would like permission to reprint this material, contact
 Info@ReduceYourWorkersComp.com 

Professional Development Resource

Learn How to Reduce Workers Comp Costs 20% to 50%"Workers Compensation Management Program: Reduce Costs 20% to 50%"
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