May 22, 2017

WorkCompRecap: New WCRI Report!

Today’s issue of WorkCompRecap features the release of the Fourth Edition of the Workers’ Compensation Research Institute (WCRI)’s Medical Price Index for Workers’ Compensation report. The study is designed to help system stakeholders understand how prices paid for medical professional services for injured workers in their… [Continue Reading]

CompLines: 3/30/12

CompLines is a daily set of pertinent links that we believe will be of interest to our readers. Texas’ DWC misses the mark Managed Care Matters Hearing portends battle over California workers compensation Sacramento Bee Field and Ross Retire from CompWest Insurance Journal Editor’s Note: These links lead to outside news sources. We check all… [Continue Reading]

WCRI Study: Medical Prices Higher in States Without Medical Fee Schedules

Workers' Compensation Research Institute

Cambridge, MA – The prices paid for medical professional services for injured workers were higher and rising faster in states without fee schedules compared with states that have them in place, according to a new study from the Workers Compensation Research Institute (WCRI), Medical Price Index for Workers’ Compensation… [Continue Reading]

Valen and Tropics Partner to Deliver Predictive Analytics Product for Workers’ Comp

Valen Technologies

Denver, CO –(BUSINESS WIRE)- -Property and casualty insurance predictive analytics provider Valen Technologies and Tropics Software Technologies, a national software company specializing in workers’ compensation systems, announced a partnership today to provide Tropics customers with the ability to integrate Valen’s InsureRight… [Continue Reading]

CA WCIRB Continues Review of December 31, 2011 Experience

CA WCIRB

San Francisco, CA – The WCIRB’s Actuarial Committee will meet on April 2, 2012 to continue its review of recently reported December 31, 2011 statewide insurer premium, loss and loss adjustment expense experience. Highlights of the summary information included in the Actuarial Committee Agenda are Allocated loss adjustment expenses… [Continue Reading]

MEM to Pay $2 Million Policyholder Dividend

Missouri Employers Mutual

Columbia, MO — Missouri Employers Mutual will pay just more than $2 million in dividends to 11,033 policyholders this spring. The Board of Directors approved the distribution of dividends at a recent board meeting.  The Board approved the distribution plan after reviewing MEM’s 2011 audited financial results and agreeing it is financially responsible… [Continue Reading]

WorkCompRecap: New Drug Report!

Today’s issue of WorkCompRecap features the release of Coventry Workers’ Comp Services’ 2011 edition of their First Script Drug Trends Report, which includes information on prescriptions billed in 2011 through Coventry’s First Script pharmacy benefit program, and includes comparisons to 2010 as well as national statistics… [Continue Reading]

CompLines: 3/29/12

CompLines is a daily set of pertinent links that we believe will be of interest to our readers. Opinion: Injured workers benefit most from recovery Capitol Weekly – CCWC Chair Martin Brady Calif. workers compensation rates up 4% in last half of 2011 Business Insurance If health reform is overturned…then what? Managed Care Matters Editor’s… [Continue Reading]

Coventry Releases 2011 First Script Drug Trends Report

Coventry WCS

Downers Grove, IL – Coventry Workers’ Comp Services, a division of Coventry Health Care, Inc., has released its 2011 First Script Drug Trends Report. The report includes information on prescriptions billed in 2011 through Coventry’s First Script pharmacy benefit program, and includes comparisons to 2010 as well as national statistics… [Continue Reading]

SCF Arizona Selects Guidewire for Rating, Underwriting, Policy Admin, Billing & Claims Mgmt

Guidewire

Phoenix, AZ & San Mateo, CA–(BUSINESS WIRE)–The Arizona State Compensation Fund (SCF Arizona), an insurance company that provides workers’ compensation insurance in Arizona, and Guidewire Software, Inc. (NYSE: GWRE), a provider of core system software to property/casualty (P/C) insurers, today announced that SCF… [Continue Reading]

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