Wisconsin Worker's Compensation Series and Exam
Online Course: ID# 1002328
Price: $299.00
Qty:
About This Course:
This course provides a comprehensive overview of the Wisconsin Workers Compensation Act including the history of the act and current structure of the Worker's Compensation Division, Conditions of Liability under the Act and benefits at issue.
The Basic Benefit Structure includes the following : average weekly wage computation, extent of temporary disability, scheduled and unscheduled permanent impairments, death benefits, medical expense, and penalties. Also covered is the hearing procedure in Wisconsin, and specific issues in handling claims including case valuation.
Learning Objectives
By taking this course, you will learn the ins and outs of how insurance companies operate in Wisconsin. The course is delivered via self-paced, online modules and an end-of-course exam, as described below.
- Wisconsin Worker's Compensation Insurance System Overview
This module covers the technical aspects of insurance in Wisconsin including how insurance underwriters determine the premium employers pay and what factors drive up the cost of a workers' compensation insurance policy.
- Wisconsin Legal System Overview and Review of the Conditions of Liability Under the WCA
This module gives a brief history of Wisconsin's WCA and the structure of the Worker's Compensation Division. We will then review the conditions of liability, including who are covered employers and employees in addition to specific exclusions. The specifics of what constitute an injury, including medical and legal causation will be explained. Issues of "course of employment" and "arising out the employment" will be explained and distinguished. Causation in traumatic injuries and occupation disease will be defined and analyzed.
- Basic Benefit Structure of the WCA
In this module, the benefit structure will be explained. We will begin with an overview of potential benefits and move the calculation of the average weekly wage, from which indemnity benefits are the derived. We will then discuss the benefits of temporary disability, total and partial permanent disability, disfigurement, death benefits and medical expense. In this process, the distinction between schedule and non schedule permanent disability will be explained, in addition to claims for vocational retraining. Various penalties for safety issues and employment terminations will also be addressed.
- Practical Issues in Claim Handling
A variety of practical issues in managing the worker's compensation claim are covered in this module. Issues ranging from statements at the beginning of the investigation through settlement of the claim are discussed. These include proper use of statements, the effect of an employment termination, use of independent medical examinations and proper use of video surveillance. In addition, practical issues of pleadings, settlement concerns and the valuation of a case will be covered.
- Exam
An exam is included in the Wisconsin Workers' Compensation Series. It consists of 50 questions with a 90 minute time period. You must first take the Wisconsin Workers' Compensation Series training modules before taking this exam. You will have one attempt to pass this exam with a passing score of 70% or higher.
You will receive 3 months of unlimited access to this package. Upon placing your order, you will receive an email with instructions to access your online training. You may begin immediately!
Note: This course may be taken independently for professional development or in conjunction with other courses to earn the Workers Compensation Specialist (WCS) designation. Click on the hyperlinked item for a full description of the designation.
Top FAQs
Prompt reporting, quick action, managing care, and a return-to-work planning.
Workers Comp is an insurance that provides certain wage and other benefits to people who are injured or become ill at work. Coverage and benefits are mandated by each individual state and can vary according to the state in question.
What you need to track, when you need to track it, and why
oss costs, loss cost multipliers, rates, experience modification factors, schedule credits, premium discounts, expense constant. Unravel the mystery and learn why some employers pay much more than others for the same coverage.
Develop, maintain, and manage the organization's workers' comp program, including communicating with employees, managers, insurance carriers, medical providers, attorneys, and upper management, handling claims, the reporting requirements, medical-related issues, and fraud investigations.
Insurance Agents also should understand his or her applicable state's workers' comp rules and requirements, responsibilities of the organization, proper procedures for claims handling and return-to-work, and how to investigate claims of fraud.
