Moore: Workers' Comp Knowledge Quiz

Wednesday, September 27, 2023 | 0

Dealing with an abscessed tooth is no fun.

James Moore

I had to miss the National Workers' Compensation and Disability Conference conference in Vegas. I was going to do a classic-only newsletter and write no articles.  Skipping a week did not sound palatable.

The answers to the workers' comp knowledge quiz will be provided later.

If you wish to see other quizzes from the past, please click here. 

Piling 10 links in the middle of the questions would ruin the readability. The hint links are at the bottom.

1. Which insurance carrier was the first to provide workers' comp insurance in the U.S.?
2. What is the best method for employers to review current claims?
3. Should a claims adjuster contact an injured worker who is represented by an attorney? In what instances?
4. Are premium auditors allowed to see all of an employer’s records when performing a workers' comp premium audit?
5. Do self-insured employers have an experience modification factor? If so, what is the term?
6. How many years of workers' comp records should be available at a moment’s notice? Why?
7.  Define "total incurred." Why is the term so important for any insured?
8. What are three of the main differences between self-insured and large-deductible programs?
9. Did the federal government ever study workers' comp insurance on a national level? If so, when and who conducted the study?
10. What is WALSH or PWALSH? Why are the acronyms so important?
11. Extra credit: Where was the first workers' comp program published? What was the name of the publication?

Hints

1. First U.S. workers' comp insurance company. 
2. Best method for claim reviews.
3. Represented claimants. 
4. Records allowed. 
5. Self-insured experience mod.
6. How many years of records.
7. Total incurred importance. 
8. Large deductible.
9. Federal workers' comp study. 
10. PWALSH or WALSH.
11. You are on your own.

This blog post is provided by James Moore, AIC, MBA, ChFC, ARM, and is republished with permission from J&L Risk Management Consultants. Visit the full website at www.cutcompcosts.com.