On a state-by-state basis, small- and medium-sized employers are required to have some level of workers’ compensation insurance. But getting that coverage can be challenging or confusing. That’s why outsourcing all workers’ compensation to a professional employer organization, or PEO, is touted as a comprehensive, problem-solving solution that also mixes in human resources services, payroll, …
Month: February 2020
Workers’ compensation fraud can end up costing employers in the United States more than $7.2 billion every year, according to the National Insurance Crime Bureau (NCIB). This startling number is born out of employees’ efforts to game the system, finding ways to seek out loopholes and take advantage of the system altogether. One major type …
Workers’ Compensation Fraud, and How to Prevent ItRead More »
Insurance fraud is a pervasive issue in the workers’ compensation insurance world. Those who commit fraud may be employers, employees, vendors, or temporary employees in the workers’ compensation system. While the vast majority of claims for workers’ compensation are on the level, fraudulent claims make up a major portion of payments made by insurance companies …
Staffing Workers’ Compensation Fraud in Action: Claims ExamplesRead More »