• Menu
  • Skip to main content
  • Skip to secondary navigation
  • Skip to primary sidebar
  • Skip to footer

Before Header

  • About
  • Search
  • Resources
  • Privacy
  • Contact
 

Amaxx Workers Comp Blog

Reduce Workers Compensation Costs By 20-50%

Header Right

  • Home
  • Books
    • Big Book
    • Mini Book
  • Training
    • WC Mastery Membership
    • Course Curriculum
    • Certified Master of Workers’ Compensation
    • Certified Master of WC – Best in Class
  • Coaching
    • CompElite Strategic Coaching for Employers
    • BrokerElite Coaching for WC Business Growth
  • IMR Software
    • IMR Comprehensive
    • IMR Metrics Suite
  • Blog
  • WC Help

Mobile Menu

  • Home
  • Books
    • Big Book
    • Mini Book
  • Training
    • WC Mastery Membership
    • Course Curriculum
    • Certified Master of Workers’ Compensation
    • Certified Master of WC – Best in Class
  • Coaching
    • CompElite Strategic Coaching for Employers
    • BrokerElite Coaching for WC Business Growth
  • IMR Software
    • IMR Comprehensive
    • IMR Metrics Suite
  • Blog
  • WC Help
  • About
  • Search
  • Resources
  • Privacy
  • Contact
You are here: Home / Claim Management / Fight Workers Comp Fraud & Abuse / Workers Compensation Penny Wise and Pound Foolish

Workers Compensation Penny Wise and Pound Foolish

June 17, 2009 By //  by Robert Elliott, J.D. Leave a Comment

As the anti-drug folks like to say, “Just say no.” Here’s what happens when an employer decides to save a buck.

Is It Worth It?

Earlier this year, according to the Dayton Daily News an Ohio business was indicted on felony charges by a county grand jury for allegedly failing to pay required workers’ compensation premiums over a period of time

The Troy business must now pay nearly $28,000 in restitution after its corporate president pled no contest on behalf of the company to a felony workers’ compensation fraud indictment. In addition, payment of court costs were assessed. A misdemeanor workers’ compensation fraud claim against the company executive will be filed in county Municipal Court. (workersxzcompxzkit) .

The attorney for the defendant said his client is working with Ohio’s Bureau of Workers Compensation regarding a payment plan.

Author: Robert Elliott, J.D.

Click on these links to try it for yourself.
WC Calculator: www.ReduceYourWorkersComp.com/calculator.php
TD Calculator: www.ReduceYourWorkersComp.com/transitional-duty-cost-calculator.php
WC 101: www.ReduceYourWorkersComp.com/workers_comp.php

Do not use this information without independent verification. All state laws are different. Consult with your corporate legal counsel before implementing any cost containment programs.

©2008 Amaxx Risk Solutions, Inc. All rights reserved under International Copyright Law. If you would like permission to reprint this material, contact Info@WorkersCompKit.com

Filed Under: Fight Workers Comp Fraud & Abuse, Insurance Issues, Rates, Premiums Tagged With: Cost of Workers Compensation

Related Articles

Who’s Really Running Your Claims?

Who’s Really Running Your Claims?

Insurance Math Uncovered: Losses, Expenses, Profit

Insurance Math Uncovered: Losses, Expenses, Profit

Play It Safe or Bet on Yourself?

Play It Safe or Bet on Yourself?

The Hidden Power of Culture in Fighting Workers’ Comp Fraud

The Hidden Power of Culture in Fighting Workers’ Comp Fraud

Avoiding the “Good Day/Bad Day” Defense: Why Long-Term Investigations Matter

Avoiding the “Good Day/Bad Day” Defense: Why Long-Term Investigations Matter

Fraud or Legitimate Claim? A Guide for Employers on Knowing When to Act

Fraud or Legitimate Claim? A Guide for Employers on Knowing When to Act

Important Times to Use Surveillance in Workers’ Comp Claims

Important Times to Use Surveillance in Workers’ Comp Claims

Understanding Classification Rules in Workers’ Compensation

Understanding Classification Rules in Workers’ Compensation
11 Ways to Manage Employer, Provider, and Employee Fraud in Workers’ Compensation

11 Ways to Manage Employer, Provider, and Employee Fraud in Workers’ Compensation

11 Ways to Manage Employer, Provider, and Employee Fraud in Workers’ Compensation

Avoid Ethical and Legal Pitfalls In Workers’ Comp Surveillance

Avoid Ethical and Legal Pitfalls In Workers’ Comp Surveillance

Use Social Media When Investigating Workers’ Comp Claims

Use Social Media When Investigating Workers’ Comp Claims

11 Tips for Taking an Effective Recorded Statement in Workers’ Compensation Claims

11 Tips for Taking an Effective Recorded Statement in Workers’ Compensation Claims

Free Download

Workers' Comp Claims Review Checklist: 9 Must-Have, Serious-Impact Elements - FREE Download Click Here Now!

Train to Succeed

BECOME CERTIFIED IN WORKERS’ COMPENSATION

Proven Course Catalog & WC Toolbox Give You The Power To Achieve Lower Costs and Better Injured Worker Outcomes

VISIT WORKERS' COMP TRAINING CENTER

Free Download

The 5 Cs For Taking A Bulletproof Injured Worker Recorded Statement - FREE Download Click Here Now!

Train to Succeed

BECOME CERTIFIED IN WORKERS’ COMPENSATION

Proven Course Catalog & WC Toolbox Give You The Power To Achieve Lower Costs and Better Injured Worker Outcomes

VISIT WORKERS' COMP TRAINING CENTER

Previous Post: « Tips to Avoid Workers Compensation Fraud
Next Post: Workers Compensation When Safety Measures Fail »

Reader Interactions

Leave a Reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

FREE DOWNLOAD

Workers' Comp Claims Review Checklist: 9 Must-Have, Serious-Impact Elements - FREE Download Click Here Now!

FREE DOWNLOAD

The 5 Cs For Taking A Bulletproof Injured Worker Recorded Statement - FREE Download Click Here Now!

Our Sponsors

Catastrophic and Risk Solutions, Case Management Solutions, and Specialty Networks
 

WC Cost-Driver Metrics Suite

Blog Categories

Search Our Archive

Subscribe to Our FREE Newsletter

Return-to-Work Essentials

Footer

Search Our Archive

Search our continually growing archive of over 5,000 articles about Workers' Comp issues.

Quiclinks

  • Calculators
  • Terms & Abbreviations
  • Glossary of WC Premium Terms
  • WC Resources
  • Best Practices
  • Industries
  • Return-to-Work Essentials

RSS Recent Blog Posts

  • Building Partnerships, Not Transactions: The Secret to Better Claims Outcomes
  • Building Your Workers’ Comp Dream Team
  • Your Workers’ Comp Oasis: Why Vision Comes Before Action
SUBSCRIBE TO OUR FEE NEWSLETTER
Let Us Help You Stomp Down the High Cost of Workers' Comp!
Top of Page ↑
  • Home
  • Training Center
  • Search
  • Membership
  • Products
  • Blog
  • About
  • Contact
  • Subscribe
  • Login
Copyright © 2025 Amaxx, LLC. All Rights Reserved. · Privacy Policy / Legal Notice