Ringler Associates Announces Joe Loseman as Chief Financial Officer
Ringler Associates, the nation’s leading structured settlement company, is pleased to announce that Mr. Joseph Loseman has been promoted to Senior Vice President, Chief Financial Officer (CFO). In addition to his role as CFO, Mr. Loseman is responsible for all corporate office operations, including finance & accounting, human resources, licensing, and information technology. Mr. Loseman joined Ringler Associates’ Newport Beach, CA corporate office in 2000 and previously held the position of Director of Operations. Read more…
Flu Shots for Employees: Don’t Hurry Through the Screening Process During Employer-Provided Inoculations
“Reversing a decision by a California Workers’ Compensation Judge (WCJ), a panel of the state’s Workers’ Compensation Appeals Board (WCAB) has found the defendant insurer (here, CIGA) entitled to a full credit, pursuant to Labor Code § 3861, in the amount of $415,000, towards its future workers’ compensation liability where an employee sustained total and permanent disability from a condition known as transverse myelitis caused by the employee’s adverse reaction to a flu shot received at a “Flu Prevention Clinic” held on the employer’s premises. The $415,000 fund resulted from a settlement of the injured employee’s third-party claim against the flu vaccine manufacturer”…read more.
Crawford & Company Reports 2014 First Quarter Results
Crawford & Company (www.crawfordandcompany.com) (NYSE: CRDA and CRDB), the world’s largest independent provider of claims management solutions to insurance companies and self-insured entities, today announced its financial results for the first quarter ended March 31, 2014. Read more…
Risk Assessments: Top 10 Pitfalls & Tips for Improvement
Organizations face a wide range of risks each day that can affect their ability to achieve certain business objectives and stay in business. Risk assessment is an important and sophisticated process used to assess an organization’s risks so that it can mitigate and reduce risks to an acceptable level. Over the past 30 years as risk control consultants, the authors have performed, facilitated, participated in and observed thousands of risk assessments for almost all industry types and sizes. Based on those experiences, they have concluded that many organizations fail to perform effective risk assessments. Read more…
CMS Publishes News Update Regarding ICD-10 Delay
On May 1, 2014 CMS Published a News Update regarding the use of ICD-10 codes. The update references the Protecting Access to Medicare Act of 2014 (PAMA) (Pub. L. No. 113-93) enacted on April 1, 2014. The Act prohibits the Secretary of Health and Human Services from adopting ICD-10 codes prior to October 1, 2015. Previously, the Centers for Medicare and Medicaid Services (CMS) had advised that, for purposes of Mandatory Insurer Reporting pursuant to the Medicare, Medicaid and SCHIP Extension Act of 2007 (MMSEA) they would be discontinuing the use of ICD-9 codes and require the use of ICD-10 codes on all claims with a CMS date of injury of April 1, 2015 or later. Read more…
Author Michael B. Stack, CPA, Principal, 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: [email protected].
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