August 22, 2017

WorkCompRecap: New WCRI Report!

Today’s issue of WorkCompRecap features the release of the 14th Edition of WCRI’s CompScope Medical Benchmarks report, which looks at 16 different states’ workers’ comp systems and provides a baseline of current medical costs by documenting how medical payments per claim and their cost components compare with other… [Continue Reading]

CompLines: 2/28/14

CompLines is a daily set of pertinent links that we believe will be of interest to our readers. Don’t Expect Analytics Alone to Change Outcomes Insurance Thought Leadership.com Marsh Weighs Obamacare Impact on Workers’ Comp System PC 360 Former California State Fund Executive Fined for Conflict of Interest Insurance Journal Editor’s Note: These links lead… [Continue Reading]

WCRI Study Identifies Medical Cost Drivers, Trends, Effects of Regulatory Changes

Workers' Compensation Research Institute

Cambridge, MA – The cost drivers of medical care in state workers’ compensation systems; the effects of legislative and regulatory changes on medical costs; and trends in payments, prices and utilization of medical care for injured workers are examined in a new set of studies from the Workers Compensation Research Institute (WCRI)… [Continue Reading]

IWP Joins Coventry Workers’ Comp Services’ First Script Extended Network

Injured Workers Pharmacy (IWP)

Andover, MA – IWP, a specialty home delivery pharmacy that helps workers injured in accidents return to a productive life by collaborating with the legal, medical and insurance communities, recently announced that it has joined First Script, Coventry’s Pharmacy Benefit Management (PBM) program, in the First Script Extended Network. As a national home… [Continue Reading]

Patriot National Promotes Jamie O’Connor To Vice President of Human Resources

Patriot National

Ft. Lauderdale, FL -(PRNewswire)- Patriot National Insurance Group, Inc., a provider of workers’ compensation insurance solutions, is recently announced the promotion of Jamie O’Connor to Vice President of Human Resources. In her new role, Ms. O’Connor will carry forward the vision of Patriot’s CEO while being the ambassador of… [Continue Reading]

Former IL Police Officer Indicted for Workers’ Compensation Fraud

Illinois State Seal

Chicago, IL – Illinois Department of Insurance (DOI) Director Andrew Boron recently announced a recent workers’ compensation fraud investigation has resulted in an indictment of a former Crystal Lake Police Officer. Michael Avila was arraigned earlier this week. He is charged with workers’ compensation fraud, insurance fraud, theft of… [Continue Reading]

WorkCompRecap: Specialty & Savings!

Today’s issue of WorkCompRecap features a guest post from Phil Walls R.Ph., Chief Clinical and Compliance Officer at myMatrixx, on the fairly new category of Specialty Drugs and how it is time to re-think the traditional savings reported by pharmacy benefit managers (PBMs) in order to recognize the true savings generated by some drugs… [Continue Reading]

CompLines: 2/27/14

CompLines is a daily set of pertinent links that we believe will be of interest to our readers. As Medical Bill Costs Balloon Out of Control – Alaska Employers Struggle to Keep Up WC Insights The Umbrella and the Circus Tent Texas Mutual Court to Hear Iowa Workers’ Comp Commissioner’s Defamation Lawsuit Insurance Journal Editor’s… [Continue Reading]

Guest Post: The High Cost of Drug Savings

myMatrixx

High costs and savings do not usually go hand in hand, but when it comes to a relatively new category of drugs known as Specialty Drugs, perhaps it is time to re-think the traditional savings reports provided by pharmacy benefit managers (PBMs) in order to recognize the true savings generated by some of these drugs. Those traditional… [Continue Reading]

ME Bureau of Insurance Approves 7.7% Decrease in Workers’ Comp Loss Costs

Maine State Seal

Augusta, ME – Governor Paul R. LePage and Insurance Superintendent Eric Cioppa recently announced that the Bureau of Insurance has approved the National Council on Compensation Insurance, Inc.’s (NCCI) 2014 loss cost for Maine, filed earlier this month, which proposed a premium decrease of 7.7%. “This decrease is expected to save… [Continue Reading]

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