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NWCDC: Wednesday's Highlights

Here are the top stories coming out of Chicago on the first day of the Annual National Workers' Compensation and Disability Conference® & Expo, including Bob Hartwig's take on the industry and more on healthcare data privacy issues.

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Economy, Healthcare Reform Lead Concerns of Workers' Comp, Disability Managers

Drops in premium volume, reductions in investment portfolio earnings and increased competition among challenges facing the industry, according to Hartwig.

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Improving Federal Comp Practices a Win for Taxpayers

Sue Wetherington says weathering the stormy economy means leveraging light duty. Tough economic times call for more prudent business measures, especially when tax dollars are at stake.

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The Aging of the American Workforce and Its Impact on Claims Management

Two Liberty Mutual executives point to the increased complexity of managing the health and rehabilitation of workers staying on the job longer due to the Great Recession.

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Pimentel: How to Cope in Times of Cutbacks

With CEOs and CFOs "circling the wagons," comp managers urged to present their departments as profit centers.

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Workers' Comp Managers Going Back-to-Basics to Manage Claims Costs

A focus on safety, removing subrogation from contracts, demanding transparency and scrutinizing medical management has helped Marriott, Aramark overcome claims challenges .

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Medical Privacy Regs Should Be Comp Requirement Too

The workers' comp and disability industry can basically make up its own rules for medical information privacy, according to an attorney. Better yet, follow guidelines set for the healthcare side, such as the new HITECH Act.

Read the Full Story.

November 18, 2009

Copyright 2009© LRP Publications

 
 
 
 
 
 
 
 
 
 
 
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