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"Workers Comp: Loss Control" -- Risk & Insurance Listings
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Date |
| 21
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Delaware: Rate hike lower than initial proposal
Businesses are seeing their workers' comp rates increase an average of 14.6 percent with those in the residual market up by 19 percent.
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02/11/13
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22
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Governor proposes comp reforms to restore New York as national model
Closing unnecessary funds, establishing a bonding program, and creating a pass-through assessment process are among the ideas New York's governor is endorsing. Gov. Andrew Cuomo outlined the proposed changes in his State of the State plan.
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02/04/13
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23
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22 states are seeing increases in loss costs based on NCCI numbers
Loss costs are increasing in 22 jurisdictions in the filing cycle that started last July 1 in states in which NCCI is the rate-making bureau.
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01/28/13
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24
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Illinois: Commission determines medical fee schedule
The Workers' Compensation Commission announced the medical fee schedule rates.
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01/18/13
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25
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Claims payers are focused on wrong drivers, or 'it's the medical, stupid'
An attendee at the recent National Workers' Compensation and Disability ConferenceŽ & Expo observed that "there were a plethora of private equity folks and related people circulating around the exhibit floor and attending sessions."
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01/07/13
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26
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Lost time data shows areas for improvement
Five occupations accounted for nearly 20 percent of the days away from work cases in 2011, according to the Bureau of Labor Statistics. Musculoskeletal disorder cases were also prevalent in three of those occupations.
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01/03/13
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27
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Opioids, physician dispensing are targets of state legislators
"Investigate and take a position on approaches to curb escalating opioid-related insurance costs" is among the charges adopted by a panel of state lawmakers.
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12/17/12
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28
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Florida: Regulator cites need for reforms in rate hike decision
"I look forward to working with Florida's policymakers during the upcoming legislative session to address cost drivers in the system." With that, the state's insurance commissioner gave his intention to approve a 6.1 percent increase in workers' comp rates.
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12/06/12
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29
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Analysis shows Massachusetts fared better than other states after recession
Unemployment in Massachusetts was less severe than the national trend during the recession. That may have been a key factor in workers' comp-related data, according to new research.
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12/03/12
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30
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Financial update indicates good news for comp insurers
Net written premiums and rates/loss costs are expected to be up while the combined ratio is expected to decrease, according to NCCI.
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11/26/12
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31
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Health dimensions lead to better workforce health, productivity
Employers can take a better and more effective health management approach by focusing on total workforce and total population health management rather than on a limited set of strategies for specific diseases, says Thomas Parry, president of Integrated Benefits Institute.
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11/19/12
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32
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Look at leading, not lagging, indicators to cut health care costs
Rather than shifting more health care costs to employees or focusing on a limited set of disease-specific strategies, taking a population health management tactic may result in better outcomes and a better bottom line.
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11/19/12
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33
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Delaware: Insurance department takes closer look at rate filing
A proposal to increase workers' comp loss costs by 38.3 percent in the voluntary market and 43.5 percent in the residual market rate has prompted the Delaware Insurance Department to seek additional input.
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11/19/12
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34
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Program measures effects of interventions
Progressive Medical is taking its data analytics program that identifies potentially high-cost, high-risk opioid claims to the next level.
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11/12/12
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35
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New York: Study shows legislative reforms having desired effects
Employers and injured workers are seeing some benefits from legislative reforms, according to a new study. More significant changes may be several years off.
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11/12/12
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36
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PBM uses predictive modeling to identify early intervention needs
The marriage of art and science is helping companies identify and intervene in claims involving opioids (and other prescriptions) that are likely to turn into high-cost, chronic cases with the potential for medication misuse and/or abuse.
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11/12/12
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37
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Survey: Disconnect between bill review, medical management persists
"It is quite clear that even today, most bill review systems are not fully and seamlessly connected with medical management -- utilization review, precertification, case management, etc.," wrote Joseph Paduda.
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11/01/12
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38
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Virginia: Hearing covers premium level adjustments
The State Corporation Commission scheduled a hearing on Oct. 16 to consider a request filed by the National Council on Compensation Insurance to adjust the premium levels charged for workers' compensation insurance.
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11/01/12
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39
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Insurance group points to 49 percent drop in premiums in Texas
A state insurance trade association credits legislative reforms for the "state with the most improvement in premium costs since 2010."
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11/01/12
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40
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Medical costs drive Indiana, Oregon rate hikes
Lost costs in Indiana's workers' comp system will increase by 4.3 percent in January. The Indiana Department of Insurance approved the increase, which results in a 5 percent hike in the overall premium level and the overall rate level.
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10/29/12
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