December 15, 2017

Healthesystems’ Dr. Robert Goldberg to Speak on Medical Marijuana in WC at WOHC 2015

Healthesystems

Tampa, FL – Medical marijuana continues to be one of the most complicated and controversial topics facing the workers’ compensation industry in this decade. Even as more than half of states have moved forward with decriminalizing or approving medical marijuana for specific conditions, it remains a federally illicit substance, further muddying…[Continue Reading]

Ohio Local Government Workers’ Comp Rates Falling Nine Percent

Ohio BWC

Columbus, OH – The Ohio Bureau of Workers’ Compensation (BWC) Board of Directors recently announced a nine percent reduction in average workers’ comp rates for local government employers. The board approved BWC Administrator/CEO Steve Buehrer’s proposal at its meeting for coverage beginning Jan. 1, 2016. The reduction…[Continue Reading]

OID: Workers’ Compensation Forums Scheduled in Oklahoma City and Tulsa

Oklahoma State Seal

Oklahoma City, OK – The Oklahoma Insurance Department and the National Council on Compensation Insurance (NCCI) will host two important events on workers’ compensation. The 2015 State Advisory Forum will be held Oct. 21 in Oklahoma City. A second forum will be held in Tulsa on Oct. 22. “It is important that the workers’ compensation…[Continue Reading]

WorkCompRecap: Raises & Reduces!

Today’s issue of WorkCompRecap eatures Washington’s Department of Labor & Industry’s recent announcement that it is proposing an average 2% rate increase for 2016. L&I noted that it uses wage inflation as a benchmark to help determine rates because as wages climb, the cost of providing workers’ compensation coverage…[Continue Reading]

CompLinks: 9/24/15

CompLinks are a daily set of pertinent links that we believe will be of interest to our readers. Challenges to the grand bargain of Workers’ Compensation PC 360 Use of Drug Formularies to Reduce Workers’ Compensation Costs ReduceYourWorkersComp A Complicated System MCNTalk Editor’s Note: These links lead to outside news sources. We check all links,… [Continue Reading]

WA L&I Proposes 2% Average Increase in Workers’ Comp Rates for 2016

WA Department of Labor and Industries

Tumwater, WA – Every fall, the Washington State Department of Labor & Industries (L&I) sets workers’ compensation rates for the following year. As wages and health care costs rise, the cost of providing workers’ compensation insurance goes up. This year, the department is proposing an average 2 percent rate increase for 2016. Employers…[Continue Reading]

NYSIF Reduces Loss Cost Multiplier

NYSIF 100th Anniversary

Albany, NY – The New York State Insurance Fund recently announced that at its September 16, 2015, monthly meeting, the NYSIF Board of Commissioners approved a 5 percent reduction in NYSIF’s loss cost multiplier. This change will go into effect on October 1, 2015, for policies renewing on or after that date. “We are able to reduce our rates…[Continue Reading]

ARAWC Salutes Oklahoma Elected Leaders

araWC

Oklahoma City, OK -(PRNewswire)- The Association for Responsible Alternatives to Workers’ Compensation (ARAWC), a national organization advocating for better communication and faster employee recovery and care, applauds all of the elected leaders in Oklahoma for their strong commitment passing much needed reforms that…[Continue Reading]

Ohio Woman Worked Four Jobs While Receiving Workers’ Comp Benefits

Ohio BWC

Columbus, OH – A Bucyrus (Crawford County) woman has been ordered to repay more than $8,000 after she pleaded guilty to working multiple jobs while receiving benefits from the Ohio Bureau of Workers’ Compensation (BWC). Debra Lawrence was sentenced in a Franklin County courtroom on Sept. 11. “Ms. Lawrence demonstrated her…[Continue Reading]

WorkCompRecap: Examining Experience!

Today’s issue of WorkCompRecap features the California WCIRB’s recent release of its quarterly update on insurer experience as of the end of Q2 of 2015. Highlights from the report included that written premium for the first half of 2015 was approximately $8.9 billion, about 9% above the first half of 2014, and that projected industry…[Continue Reading]

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