Magnifying Glass
las vegas 1620961 640
Back to Workers' Compensation Daily Headlines

Glossary Check: Nevada ‘Annual Expenditures for Claims’

08 Mar, 2024 Frank Ferreri

las vegas 1620961 640
                               

Reno, NV (WorkersCompensation.com) -- In Nevada, the meaning of "annual expenditures for claims" comes from a state statute, and is as follows:

1. For assessments for fiscal years before fiscal year 1999-2000, the total amount of money actually paid for compensation in a fiscal year, including those costs of claims covered under a policy of reinsurance or a policy of excess insurance, by or on behalf of an insurer, reduced by any amount received from subrogation and reimbursement from the Subsequent Injury Account of the insurer.

2. For assessments for fiscal year 1999-2000 and for each subsequent fiscal year, the total amount of money actually paid for compensation in a fiscal year for injuries occurring on or after July 1, 1999, including those costs of claims covered under a policy of reinsurance or a policy of excess insurance, by an insurer or its third-party administrator, reduced by any amount received from

(a) Subrogation;

(b) Reimbursement from the Subsequent Injury Account of the insurer

(c) Reimbursement for increases in compensation for a permanent total disability; and

(d) Reimbursement from the Fund for Workers’ Compensation and Safety for increases in death benefits.

  • AI california case management case management focus claims compensability compliance compliance corner courts covid do you know the rule ethics exclusive remedy florida glossary check Healthcare health care hr homeroom insurance iowa kentucky leadership medical NCCI new jersey new york ohio opioids osha pennsylvania Safety simply research state info technology texas violence WDYT west virginia what do you think women's history month workers' comp 101 workers' recovery workers' compensation contact information Workplace Safety Workplace Violence

    • Read Also

    Wrapping Up the Workers’ Compensation Leadership Series: Elevating the Experience for Everyone Involved 

    Throughout this series, we explored the potential of various leadership styles in the workers' compensation process for claims adjusters and employers. Each leadership theory offers unique insights and practical strategies for creating supportive, empathetic, and […]
    Workers Attack Coworkers in Incidents Across Country

    Corpus Christie, TX (WorkersCompensation.com) – A recently fired restaurant employee was left fighting for his life after a former coworker attacked him. According to police in Corpus Christie, Texas, a 35-year-old Popeyes employee was found […]
    What are ‘Permanent Total Disability Benefits’ in Wyoming?

    Glossary Check Casper, WY (WorkersCompensation.com) -- Part of staying compliant with state workers' compensation law is knowing what the rules say are benefits. As Simply Research subscribers know, in Wyoming, "permanent total disability benefits" means […]

    About The Author

    • Frank Ferreri

      Frank Ferreri, M.A., J.D. covers workers' compensation legal issues. He has published books, articles, and other material on multiple areas of employment, insurance, and disability law. Frank received his master's degree from the University of South Florida and juris doctor from the University of Florida Levin College of Law. Frank encourages everyone to consider helping out the Kind Souls Foundation and Kids' Chance of America.

    More by This Author

    What are ‘Permanent Total Disability Benefits’ in Wyoming?

    Glossary Check Casper, WY (WorkersCompensation.com) -- Part of staying compliant with state workers' compensation law is knowing what the rules say are benefits. As Simply Research subscribers know, in Wyoming, "permanent total disability benefits" means […]
    N.Y. Court Nixes $480 Counsel Fee Request Related to Late Installment Penalties

    Case File An attorney for a New York workers' compensation claimant was awarded attorney's fees, but his push for an additional award that would be payable from penalties imposed in the case ran into a […]
    How Do Certified Mediators Work in Oklahoma?

    Do You Know the Rule? Tulsa, OK (WorkersCompensation.com) -- Oklahoma, like other places across the country, has an alternative dispute resolution program to resolve issues that might come up in workers' compensation claims. To make […]

    Read More

    Wrapping Up the Workers’ Compensation Leadership Series: Elevating the Experience for Everyone Involved 

    Throughout this series, we explored the potential of various leadership styles in the workers' compensation process for claims adjusters and employers. Each leadership theory offers unique insights and practical strategies for creating supportive, empathetic, and […]
    Workers Attack Coworkers in Incidents Across Country

    Corpus Christie, TX (WorkersCompensation.com) – A recently fired restaurant employee was left fighting for his life after a former coworker attacked him. According to police in Corpus Christie, Texas, a 35-year-old Popeyes employee was found […]
    What are ‘Permanent Total Disability Benefits’ in Wyoming?

    Glossary Check Casper, WY (WorkersCompensation.com) -- Part of staying compliant with state workers' compensation law is knowing what the rules say are benefits. As Simply Research subscribers know, in Wyoming, "permanent total disability benefits" means […]
    Emotional Intelligence Leadership in Workers’ Compensation: Empathy, Communication, and Support for Recovery 

    Emotional Intelligence (EI) Leadership, emphasizing empathy, self-awareness, and emotional management, is a powerful tool for employers working with recovering employees during the workers' compensation process. It fosters trust, supports mental and emotional well-being, and improves […]
    Did Factory Job Produce Manager’s COVID-19 Infection?

    What Do You Think? White Plains, NY (WorkersCompensation.com) -- As COVID-19-related workers’ compensation appeals make their way through the New York courts, it becomes somewhat clear what it takes to establish or defend against such […]
    N.Y. Court Nixes $480 Counsel Fee Request Related to Late Installment Penalties

    Case File An attorney for a New York workers' compensation claimant was awarded attorney's fees, but his push for an additional award that would be payable from penalties imposed in the case ran into a […]

    Request a Demo

    To request a free demo of one of our products, please fill in this form. Our sales team will get back to you shortly.