May 14, 2018

WCRI: Average Total Cost per Workers’ Comp Claim in CA Stabilized after Major Reforms Took Effect in 2013

Cambridge, MA – The average total cost per workers’ compensation claim in California remained stable since the enactment of comprehensive reforms five years ago, according to a recent study by the Workers Compensation Research Institute (WCRI). “Indemnity benefits per claim grew while medical payments per claim decreased, consistent with the expected impact of the workers’ compensation system reform provisions,” said Ramona Tanabe, WCRI’s executive vice president and counsel. The system reforms were…[Continue Reading]

CA WCIRB Releases Study on Impact of Affordable Care Act on California Workers’ Compensation

Oakland, CA – The WCIRB has released its Impact of the Affordable Care Act on California Workers’ Compensation study. This study utilized data from the WCIRB’s medical transactional and unit statistical report databases to gauge the impact from increased access to health care through the Affordable Care Act (ACA) on California’s workers’ compensation system. Specifically, the study examines injured workers’ access to care, fees for medical services, claim frequency in industries most affected by…[Continue Reading]

New MedRisk Whitepaper Examines Patient-Centered Approaches to PT, Impacts on Outcomes

King of Prussia, PA – Research shows that patient-centered treatment improves outcomes in physical medicine. MedRisk examines these findings in its new white paper, “Patient-centered Strategies for Better Outcomes.” The paper highlights several studies on patient-centered approaches to physical therapy and their positive impacts on clinical outcomes and patient experience. Evidence-based treatment guidelines that are detailed enough to account for severity, chronicity and comorbidities…[Continue Reading]

CWCI Study Shows Drop in CA Workers’ Comp Hospital Stays and Spinal Surgeries

Oakland, CA – A new California Workers’ Compensation Institute (CWCI) study finds that the number of California workers’ compensation inpatient hospital stays fell 31.2% between 2008 and 2016, compared to a 19.6% drop in hospital stays paid under private plans, a 2.4% increase in Medicare inpatient stays, and a 19.6% increase in inpatient stays paid by Medi-Cal, which saw a huge jump in enrollment with the rollout of Affordable Care Act (ACA) plans. To measure and compare the use of…[Continue Reading]

A.M. Best Affirms Credit Ratings of Subsidiaries of Old Republic International Corporation

Oldwick, NJ -(BusinessWire)- A.M. Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of Old Republic Insurance Company (Greensburg, PA) and Old Republic Lloyds of Texas (Dallas, TX) (collectively referred to as Old Republic Insurance Companies [ORINSCO]); BITCO General Insurance Corporation and BITCO National Insurance Company (both domiciled in Rock Island, IL) (collectively referred to as BITCO…[Continue Reading]

New NCCI Series Examines Impact of Opioids on Workers’ Compensation System

Boca Raton, FL – The National Council on Compensation Insurance (NCCI) is examining the growing issues related to opioid use in America through a three-part series, On Opioids. This series is aimed at exploring three viewpoints on issues surrounding opioid use and workers compensation: those of doctors, insurers, and regulators. NCCI has posted its first article of the series On Opioids: The Doctors’ Perspectives on ncci.com. “The current opioid epidemic touches individuals, families, and…[Continue Reading]

WCRI Studies Examine Trends in 18 State Workers’ Comp Systems After Some Enacted Reforms

Cambridge, MA – The economic and regulatory factors impacting the average total cost per workers’ compensation claim in 18 states are examined in a series of just-published Workers Compensation Research Institute (WCRI) studies. WCRI’s 2018 CompScope™ Benchmarks, 18th Edition studies analyze workers’ compensation claims data over a period of years and examine trends in the average total cost per workers’ compensation claim and the components in a given state. “The CompScope™ studies…[Continue Reading]

ReEmployAbility Releases Annual Return-to-Work Program and Community Impact Results

Tampa, FL – As ReEmployAbility enters its 15th year of service, they are excited to publish the Transition2Work® Program Results Summary. The summary provides a report of the program’s community impact, performance results, and injured worker outcomes through fiscal year 2017. Since 2007, ReEmployAbility’s nationwide Transition2Work program has placed injured employees at local nonprofit organizations to perform light duty work when their pre-injury employer cannot accommodate…[Continue Reading]

Coventry Releases Part 1 of 2017 First Script Drug Trends Report Series

Downers Grove, IL – Coventry recently announced the release of the first part of its 2017 Drug Trends Series, which is based on all calendar year transactions billed through its PBM Program, First Script, as well as transactions from medical bill review to reflect the total pharmacy experience for their client base. With this report Coventry is continuing to distribute its trends analyses in shorter, easier-to-digest installments rather than as a single voluminous document. Coventry based its decision on the supportive…[Continue Reading]

MN DLI Report: Long-Term Downward Trend Continues in Number of Workers’ Comp Claims, Insurance Cost

St. Paul, MN – The number of paid workers’ compensation claims fell 54 percent relative to the number of full-time-equivalent (FTE) employees from 1996 to 2016, according to the 2016 Minnesota Workers’ Compensation System Report, just released by the Department of Labor and Industry. Significant findings: The number of paid claims fell from 8.8 per 100 FTE employees in 1996 to 4.0 in 2016. The cost of the workers’ compensation system for 2016 amounted to $1.24 per $100 of payroll. In Minnesota…[Continue Reading]

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