Posts Tagged “Workers Compensation”
ShowHide CommentaryWCRI Annual Report
by Kevin Roche on Monday, May 21, 2012
I will be traveling the next two weeks so our posts will be less frequent. Todays focuses on workers’ compensation and reviews an annual report put out by the Workers’ Compensation Research Institute, which summarizes its general role, as well as the specific research conducted in the last year.
Tags: Workers Compensation
Workers Compensation Trends
by Kevin Roche on Wednesday, September 22, 2010
The National Academy of Social Insurance tracks workers’ compensation trends, among other items, and has issued a report which confirms that medical costs are rising faster than indemnity costs.
2010 Potpourri XXIX
by Kevin Roche on Saturday, August 14, 2010
Another Saturday, another Potpourri, featuring the acquisition of a hospital medical necessity company, Americans’ online health usage, analysis of prescriptions, California workers’ compensation, home monitoring of elderly parents, remote psychiatric evaluations and telemedicine to treat depression.
Tags: Care Management, Drugs, Elder Care, HIT, HomeCare, Medicare, Monitoring, Telemedicine, Workers Compensation
Workers’ Comp Medical Cost Increases
by Kevin Roche on Tuesday, July 27, 2010
Workers’ compensation health cost trends may provide some insight into underlying medical cost issues across the system and vice versa. An NCCI report looks at factors driving trends in medical cost increases for workers’ compensation.
2010 Potpourri XXV
by Kevin Roche on Saturday, July 17, 2010
Another week, another potpourri, this time with items on workers’ compensation drug spending, benefit consulting firm mergers, hospital readmissions, geographic variation in spending and use of mobile vans to deliver health care.
Tags: Drugs, Health Care Costs, Hospital, M&A, Medical Care, Workers Compensation
Coventry Gets Slammed for Workers’ Comp PPO Issue
by Kevin Roche on Friday, July 9, 2010
Coventry gets slapped with a two hundred-million-plus dollar damage award for failing to comply with Louisiana’s PPO statute. Ouch that hurts. A vivid example of the need to pay careful attention to each jurisdiction’s regulations when running a national business.
Tags: Workers Compensation
Workers’ Compensation Update
by Kevin Roche on Thursday, May 20, 2010
The NCCI Annual Issue Symposium always provides useful insight on the state of workers’ compensation insurance. The recently held 2010 version was no exception and the presentation and video of the State of the Line remarks are chock-full of great information.
Tags: Workers Compensation
Workers’ Compensation and Medicare
by Kevin Roche on Wednesday, February 3, 2010
Many states have created workers’ compensation fee schedules based on Medicare reimbursement for physicians. Doing so can create traps if the frequent changes in the Medicare payment mechanisms are not carefully followed. A new NCCI report examines these issues.
Tags: Medicare, Workers Compensation
Older Employees and Workers’ Compensation
by Kevin Roche on Wednesday, January 27, 2010
While employees over 65 are a very small part of the work force, their numbers are growing and the recession likely will keep people working longer. These employees have some different characteristics in regard to workers’ compensation claims, according to a new NCCI report.
A Few Physicians Account for a Lot of Workers’ Comp Spending
by Kevin Roche on Friday, January 15, 2010
Health care costs account for over half of workers’ compensation spending. More attention is being given to drivers of this spending and a new study identifies a small group of physicians as responsible for a huge amount of the cost.
Tags: Physicians, Workers Compensation
How Many Work-Related Injuries Are There?
by Kevin Roche on Friday, December 11, 2009
The GAO looks at OSHA’s auditing of workplace injury reporting and finds that there may be under-reporting. To the extent this is true, the very real and significant decline in workers compensation claims may be reversed, making medical management efforts even more important.
Tags: Workers Compensation
New NCCI Report on Effect of Increasing Workers’ Comp Benefits
by Kevin Roche on Friday, December 4, 2009
An NCCI report indicates that increasing time-off benefits in workers’ compensation insurance results in employees staying off the job for a longer period of time, incurring higher work comp costs for employers.
Tags: Workers Compensation
Workers’ Comp Health Costs
by Kevin Roche on Wednesday, November 4, 2009
Researchers at the University of California suggest that if workers’ compensation medical care were moved to general health insurance, the administrative savings would pay for expanded access in reform bills.
Tags: Workers Compensation, Workplace
More Evidence on Obesity’s Cost
by Kevin Roche on Tuesday, September 29, 2009
Overweight people are getting blamed for everything, including more workers’ compensation costs.
Tags: Wellness and Prevention, Workers Compensation, Workplace
California Workers’ Compensation Rate Proposals
by Kevin Roche on Wednesday, August 26, 2009
Earlier this year the California Department of Insurance was asked to allow a greater than 20% increase in workers’ compensation premiums. The Department’s response provides some interesting observations on the state of workers’ compensation medical cost control efforts.
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