With so many different types of businesses in the world, it may not always be easy pinpointing what type of coverage you will need. This is especially true when it comes to a Massachusetts workers compensation policy. There are different rules in place for different types of businesses. Here is an example of three different business entities and how they may be treated for workers compensation in MA: Sole Proprietor: Sole proprietors of an unincorporated business are not required to carry workers compensation insurance for themselves. However, the laws changed in 2002, allowing sole proprietors to choose whether or not … Continue reading What are the Massachusetts Workers Compensation Rules Related to Different Businesses?

As your reliable Massachusetts workers compensation insurance provider, we want to see you pay the lowest premium possible. With that being said, we believe it is important to discuss minimum mods and why they are important to your business. All workers compensation policies have an experience modification factor associated with them. Sometimes, this factor is a credit while other times it can be a debit. It is important to know that credits reduce premium while debits increase insurance premiums. All businesses should have the same goal in mind: to keep the premium low. However, sometimes claims are made and this … Continue reading The Importance of the Minimum Mod and How to Calculate It

As a business owner, you know that having Massachusetts workers compensation is not an option. Since there is no way out of this coverage, it is important that you are well-educated on all terms and issues that may relate back to it. A common question that many business owners have is simple: Can an employee sue the company if he or she is injured on the job? The answer is not so simple: yes and no. Looking back before the statutory establishment of workers compensation, business owners can see that employees who were injured on the job were only able … Continue reading Can an Employee Sue if He or She is Injured on the Job?

As a business owner, you understand the importance of safety in your workplace. In order to keep injuries and lawsuits to a minimum, it is crucial to provide official training, follow OSHA standards and stay on top of your Massachusetts workers compensation. Last week, we talked about the OSHA Form 300A and how it is important to post this log at your place of business. However, there are two categories of employers that are exempted from following this procedure. The following categories do NOT have to routinely record injuries and illnesses: #1: Employers with 10 employees or less. If your … Continue reading OSHA Form 300A: Which Businesses Are Covered?

As a business owner, you know that it is your responsibility to properly handle job-related injuries and illnesses. In order to do so, you must properly train your employees, provide Massachusetts workers compensation and follow OSHA standards. Speaking of OSHA, are you aware of OSHA Form 300A? This is a summary log of all work-related injuries for 2011 and it is time to post it! From February 1st to April 30th, non-exempt companies are required by the OSHA Recordkeeping Standard to post a log. You can find the proper forms on OSHA’s website. What should be included on this log? … Continue reading February Has Arrived: Time for Companies to Post OSHA Form 300A

Next Friday is the big day! Wolpert Insurance will be presenting a workers compensation seminar on February 17th. Are you ready to learn the myth behind the math? Our Massachusetts workers compensation experts will be discussing the changes to come in 2013. Do not be fooled; this seminar is not about safety or compliance. This is a numbers seminar! It will be for all the financial leaders out there who want to better understand and manage the impact of claims on premiums. Many professionals do not fully understand how their experience mod is calculated, which is why we are taking … Continue reading Register for Our Workers Compensation Seminar: The Myth Behind the Math!

As a business owner, it is your responsibility to make sure your employees are comfortable and secure. By offering Massachusetts workers compensation, you are able to give your employees peace of mind knowing that their medical expenses and loss of time at work will be covered. Sure, you have this policy in place because it is required, but what actually happens when an employee is injured? Once an injured employee is not able to earn wages for five full of partial calendar days, the employee becomes eligible for weekly compensation benefits. These days do NOT have to be consecutive. Once … Continue reading Massachusetts Workers Compensation: An Employee is Injured, What Now?

All great business owners are aware of the importance of Massachusetts workers compensation. Besides being required by law, workers compensation will provide your employees with peace of mind while keeping your company safe from a lawsuit. However, one plan that not everyone is familiar with is a Return-to-Work program. This is a program that is worth looking into because the benefits for both the employer and the employee are remarkable. For an employer, the benefits include: 1. RTW can lower Massachusetts workers compensation costs. 2. RTW will make sure the employer is updated on the injured employee’s progress while away. … Continue reading Massachusetts Workers Compensation: The Benefits of a Return-to-Work Program

At Wolpert Insurance, we take pride in our Massachusetts workers compensation expertise. With that being said, we would like you to join us on Friday, February 17th for our workers compensation seminar. This is not a Safety or Compliance seminar. We will not discuss risk reduction methods or accident investigation. This is a numbers seminar for the finance guru’s who want to understand and manage the impact of claims on premiums. Presented by a former CPA, we will show CFO’s, CEO’s and business owners how to control, predict and deal with your experience modification. If you have been baffled as … Continue reading Join us for a Workers Compensation seminar: The Myth Behind the Math!

When it comes to protecting the vitality of your business, it’s important that you put the health and safety of your most valuable assets – your employees – first. Health and safety precautions are commonly a company-wide concern, no matter what market or industry you operate within. For your staff member, getting back on his or her feet and resuming work is crucial to both their physical and emotional rehabilitation process. As a Massachusetts business owner, it’s necessary that you implement an effective, supportive, injury management process – allowing you to create stronger worker-employer relationships. Not sure where to get … Continue reading Massachusetts Workers Compensation Tips: Planning for Job Site Injuries