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Occupational Accident (OAI) and Health Insurance

53 posts

Occupational accident insurance, or OAI, is an insurance option that provides both employees and their employers a certain level of financial protection in case of an injury incurred on the job. A number of factors go into the coverage amount, such as the perceived risks of employers and their workplaces.

Top 10 Causes of Workplace Injuries

  • Paul Hughes
  • January 22, 2015
Risk management/mitigation is an area where PEOs can improve internal processes to turn their workers compensation program from an expense into a profit center. By making yourself aware of the…
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Is Ebola Compensable Under Workers’ Compensation?

  • Dan Leporati
  • October 21, 2014
The Ebola virus is the hottest news item of the month of October, and there is much to be ironed out on how to control the spread.  Since the first…
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Special Report on Florida Workers’ Compensation Retrospective Rating Legislation

  • Dan Leporati
  • August 11, 2014
This is an update on the recently passed HB 785 in Florida. This law provides negotiation of retropective rating for employers with their carrier for multi-state policies in excess of…
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Obesity Linked to Worker Fatigue: Researchers

  • Paul Hughes
  • August 5, 2014
U.S. workplaces may need to consider innovative methods to prevent fatigue from developing in employees who are obese. Based on results from a study published in the Journal of Occupational…
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These insurance products decrease workers’ comp claims: Report

  • Paul Hughes
  • April 8, 2014
Workers’ Compensation Report, 42% of all companies providing voluntary accident and disability insurance report declines in their workers’ comp claims—some of up to 50%.  Roughly 17% of employers offering voluntary…
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Most Employees Don’t Know Difference Between FSA, HSA According to New Survey

  • Paul Hughes
  • October 29, 2013
Nearly 75% of those responding to a Fidelity Investments survey said HSAs were pretty much the same thing as FSAs or were unsure of how FSAs and HSAs differ. This…
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Big Data at Work | Why RiskMDTM is the Next Generation of PEO Insight

  • Paul Hughes
  • September 10, 2013
As the PEO industry grows and looks to leverage technology for improved business performance, corporations and industry leaders are looking towards big data to solve their most complex issues.  Big…
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WCI Breakout: Healthcare and PEO Risk Management: What You Need to Know as a PEO Risk Management Professional

  • Paul Hughes
  • August 19, 2013
Expert panelists will provide an updated assessment of the Affordable Care Act and its impact on PEOs. While many businesses are struggling with the administration of this new health care…
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