Betty, Neuman & McMahon, P.L.C.
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Quad Cities Legal Blog

Awareness can help employers prevent workers’ compensation scams

Most employees are honest, but even one dishonest employee can end up costing your business a lot of time and money. Workers' compensation is provided to help protect honest employees as they recover from injuries sustained at work. However, some employees try to take advantage of this system by filing fraudulent claims. As an employer, you may benefit from knowing what some of the most common workers’ compensation scams are, as well as signs of suspicious claims.

Be wary of three common scams

As an employer, am I required to buy workers' comp insurance?

Between running the day-to-day operations of a profitable business and complying with various regulations, employers have heavy responsibilities. One responsibility that you must carefully handle is workers' compensation. Workers' compensation insurance is vital for both employers and workers, as it covers most injuries and illnesses incurred on the job.

For most employers in Iowa, it is also mandatory. Some employers, however, are exempt. If you do not know which category you fit in,

Benefits and uses for a power of attorney

Powers of attorney can be useful for financial matters and health care matters and are important for families in the Quad Cities to be familiar with. Personal planning services include powers of attorney to help individuals account for who they want to handle their financial or health care affairs if they become incapacitated for some reason.

A power of attorney designates another party, such as a family member, to direct the financial affairs or health care treatment of the party executing the power of attorney. To help manage a power of attorney relationship, it is useful to set up a bank account in the name of the relative that has been given power of attorney. There are rules about how checks should be signed and there are rules about how financial concerns should be addressed that the party holding the power of attorney should be familiar with.

Tips for identifying workers compensation fraud

Plenty of employees are actually injured on the job every day in Iowa, but research also shows that some employees claiming workers compensation benefits are not being honest. Iowa law defines workers compensation fraud as making any claim to an insurer, whether written or oral, containing any false information for the purpose of receiving benefits.

How can you determine whether a worker has legitimately injured himself or is trying to defraud the insurance system and his employer? Here are a few tips for identifying workers comp fraud:

Defenses against medical malpractice claims

When a medical professional in the Quad Cities has been accused of medical malpractice, it can be devastating to their career. Moreover, accusations of medical malpractice can have a ripple effect throughout the personal lives of medical professionals as well. As a result, it is important for medical professionals accused of medical malpractice to be familiar with medical malpractice defense options.

There are a variety of different medical malpractice defense options available to medical professionals accused of medical negligence. There are several elements of a medical negligence claim that the victim must prove, so it is helpful for medical professionals accused of medical malpractice to be familiar with what these elements are, so they can call into question whether they are satisfied. For example, a medical care professional may defend themselves against accusations of medical malpractice by claiming the care they provided was within the standard of care or that the injuries the patient allegedly suffered were not the result of medical error.

What is workers' compensation?

Workers' compensation is an important protection for injured workers that they should be familiar with and understand how to obtain. Injured workers or workers suffering with an occupational illness should ensure that they understand what workers' compensation benefits have to offer them when they have suffered harm in their workplace.

Workers' compensation protections can help injured workers and their families through the difficult period that follows a workplace accident, workplace injury or workplace illness. Workers' compensation benefits help with medical expenses and lost earnings. They can also provide help with job retraining in some circumstances or with death benefits for surviving family members of a worker killed in a fatal workplace accident. They can provide help with the physical and financial costs associated with a workplace accident.

Four steps to get started succession planning now

None of us will live forever, and most of us do not want to work forever either. If you own your own company, it is important to plan for your retirement or unexpected death. If your business is to be your legacy and continue beyond your involvement, you must engage in succession planning early enough to ensure your successor has all the necessary skills to replace you.

However, finding and training a successor to replace yourself is only one important part of succession planning. You should also address how your business will manage the potential loss of any of its other important leaders.

The importance of business formation

Selecting the best business form for a new business is one of the most important start-up steps. Oftentimes, this step can be overlooked and its importance undervalued but it should not be because the business form selected will impact taxation, management and liability concerns.

There are advantages and disadvantages, benefits and potential drawbacks, to each business form and the best business form for the business depends largely on the goals of the business owner. It is also possible to begin with one business form and change to another as the business grows. This can be true, as many businesses may start out as sole proprietorship's and grow into another business form. Sole proprietorship's are the simplest business form but provide limited protection from personal liability for the business owner.

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1900 East 54th Street
Davenport, IA 52807

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