The Comp Effect
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We interview people with a story to tell. If you appreciate honesty, value your employees, and want to grow your business, then this podcast is for you. You'll learn actions that can better your business: Reduce costs Take care of your employees Grow your business Create a winning culture Promote safety Implement the right programs for your company. We publish two podcasts a week.
The Comp Effect
2y ago
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August 5, 2021
What is a Max Debit Mod
Have you ever heard of the max debit mod rule? In this short episode of Comp Talk, Todd breaks down what the rule is and how it actually helped an account he was working on.
The post What is a Max Debit Mod appeared first on The Comp Effect ..read more
The Comp Effect
2y ago
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July 29, 2021
What is Consent to Rate
Have you heard the term – Consent to Rate? Do you know what it is? In this episode of Comp Talk, Todd talks about what it is to consent to rate and why you may or may not want to do it.
The post What is Consent to Rate appeared first on The Comp Effect ..read more
The Comp Effect
3y ago
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July 12, 2021
Managing Work Comp Claims at Chick-fil-A
In this episode of The Comp Effect podcast, host Todd Thams interviews Steve Figliuolo aka “Figs” who is the Senior Risk Manager and in charge of work comp claims at Chick-fil-A Corporate Support Center. He shares his industry experience, his thoughts on managing claims, and how to pay what is owed and defend what isn’t.
Episode Highlights:
Steve shares his background. (3:06)
Steve mentions one of the first things that attracted him to Chick-fil-A. (7:35)
S ..read more
The Comp Effect
3y ago
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July 8, 2021
Should You Have a Work Comp Deductible?
In this episode of Comp Talk, Todd Thams talks about worker’s compensation deductibles, what they are, and whether you should have one or not.
The post Should You Have a Work Comp Deductible? appeared first on The Comp Effect ..read more
The Comp Effect
3y ago
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July 1, 2021
Case Law on Mandatory Vaccinations
In this episode of Comp Talk, Todd Thams shares a case from Texas where a judge upheld a business’s right to require Covid-19 vaccinations. Employees who chose to not get vaccinated can be rightfully terminated.
The post Case Law on Mandatory Vaccinations appeared first on The Comp Effect ..read more
The Comp Effect
3y ago
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June 29, 2021
The Bermuda Triangle of Insurance Explained
In this episode of The Comp Effect podcast, host Todd Thams interviews Don Phin, Certified eSpeaker, Strategist, and Coach. Don stops by to explain how work comp, FMLA, and ADA interact. He also explains how focusing on work comp claims actually increases revenue.
Episode Highlights:
Don shares his professional background. (1:49)
Don explains what most business owners and brokers don’t really know. (5:31)
Don chats about margin replacement revenue ..read more
The Comp Effect
3y ago
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June 24, 2021
Late Reporting Increases Costs
In this episode of Comp Talk, Todd Thams talks about the increased costs associated with late reporting and references an NCCI Research Brief. Claims reporting in weeks 2 and 3 have increased costs by 20-70%!
The post Late Reporting Increases Costs appeared first on The Comp Effect ..read more
The Comp Effect
3y ago
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June 21, 2021
Employment Law Advice – Post COVID-19
In this episode of The Comp Effect podcast, host Todd Thams interviews Melissa Schilling, shareholder at Dickinson, Mackaman, Tyler & Hagen, P.C. Melissa stops by to educate us on what businesses can legally do when bringing employees back to the office. Can you require vaccines? Can you require facemasks? Can you terminate an employee who doesn’t get vaccinated? She answers all these questions and more!
Episode Highlights:
Melissa shares her background ..read more
The Comp Effect
3y ago
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June 14, 2021
Provider Fraud Is a Multi-Billion Dollar Industry
In this episode of The Comp Effect podcast, host Todd Thams interviews Sam King, Vice President of the Fraud Investigations Department at EMPLOYERS. Sam is no stranger to working in comp fraud. His entire career has been focused on identifying and preventing all types of work comp fraud. Learn what the MILK acronym means, how fraud occurs, and what to look for.
Episode Highlights:
Sam shares his background. (1:59)
Sam explains why California is not ..read more
The Comp Effect
3y ago
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June 10, 2021
Post COVID Audits
In this episode of Comp Talk, Todd Thams talks about workers’ compensation audits post COVID, and what businesses should be doing so they don’t overpay or miss out on coverage.
The post Post COVID Audits appeared first on The Comp Effect ..read more